Question: (a) need help with calculating the company's data in terms of: (b) As an industry analyst comparing the firm to the industry, are you likely
(a) need help with calculating the company's data in terms of:
(b) As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:
Quantum Moving Company has the following data. Industry information also is shown Company data Total Assets 20X1 393,000 2,889,000 3,288,000 3,755,000 Industry Data on Net Income/Total Assets 11.6% 7.2 4.9 Year Net Income 20X2 20X3 409,000 392,000 Industry Data on Debt/Total Assets 623% Year 20X1 $ 1,670,000 $ 2,889,000 20X2 20X3 Debt Total Assets 40.0 1,754,000 1,948,000 3,288,000 3,755,000 30.0 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) 20X1 20X2 20X3 Net income/Total assets Debt/Total assets b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of Praise/Criticize Net income/Total assets Debt/Total assets
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