4 points JAS Clocks Corp. shows the following data: Year 2011 2012 2013 2014 Net income $110,000 125,000 150,000 175,000 Total assets $1,500,000 1,900,000 2,400,000 3,000,000 Shareholders' equity $ 750,000 825,000 900,000 1,000,000 Total debt $ 750,000 1,075,000 1,500,000 2,000,000 a. Compute the ratio of net income to total assets for each year and comment on the trend. b. Compute the ratio of net income to shareholders' equity and comment on the trend. Explain why there may be a difference in the trends between parts a and b. a Back Next