JAS Clocks Corp. shows the following data: Year 20XW Net income Total assets $127,000 $1,580,000 20XX...

 

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JAS Clocks Corp. shows the following data: Year 20XW Net income Total assets $127,000 $1,580,000 20XX 20XY 133,000 1,980,000 158,000 2,480,000 20XZ 183,000 3,080,000 Shareholders' equity $ 830,000 860,000 980,000 1,080,000 Total debt $830,000 1,155,000 1,580,000 2,080,000 a-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 decimal places.) Year Return on assets 204 20xx 20XY 20XZ a-2. Comment on the trend. % % % % Strong upward movement O Strong downward movement b-1. Compute the ratio of net income to shareholders' equity. (Round the final answers to 2 decimal places.) Year Return on shareholders' equity % 20XW 20XX 20xY 20x2 % % b-2. Comment on the trend. O Strong upward movement O Strong downward movement b-3. This part of the question is not part of your Connect assignment JAS Clocks Corp. shows the following data: Year 20XW Net income Total assets $127,000 $1,580,000 20XX 20XY 133,000 1,980,000 158,000 2,480,000 20XZ 183,000 3,080,000 Shareholders' equity $ 830,000 860,000 980,000 1,080,000 Total debt $830,000 1,155,000 1,580,000 2,080,000 a-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 decimal places.) Year Return on assets 204 20xx 20XY 20XZ a-2. Comment on the trend. % % % % Strong upward movement O Strong downward movement b-1. Compute the ratio of net income to shareholders' equity. (Round the final answers to 2 decimal places.) Year Return on shareholders' equity % 20XW 20XX 20xY 20x2 % % b-2. Comment on the trend. O Strong upward movement O Strong downward movement b-3. This part of the question is not part of your Connect assignment