Question: Chec! JAS Clocks Corp. shows the following data: Year Net income Total assets Shareholders' equity 2exw $135.ee $1,660,000 $ 910,000 2exx 141,000 2,060,000 940,000 20XY
Chec! JAS Clocks Corp. shows the following data: Year Net income Total assets Shareholders' equity 2exw $135.ee $1,660,000 $ 910,000 2exx 141,000 2,060,000 940,000 20XY 166,000 2,560,000 1,060,000 20x2 191,600 3,160,000 1,160,000 Total debt $ 910,000 1,235,eee 1,660,000 2,160,000 6-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 decimal places.) Return on assets Year 2exw 20xx 2eXY 2OXZ * % a-2. Comment on the trend. Strong upward movement Strong downward movement
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