Question: JAS Clocks Corp. shows the following data: Year 2x 2000x 20xY 20x2 Net income $124,000 130,00 155,000 180.000 Total assets $1,550,000 1,950,000 2,450,000 3,ese,000 Shareholders'
JAS Clocks Corp. shows the following data: Year 2x 2000x 20xY 20x2 Net income $124,000 130,00 155,000 180.000 Total assets $1,550,000 1,950,000 2,450,000 3,ese,000 Shareholders' equity $ 800,000 830,000 950,000 1,050.000 Total debt $ 500,00 1,125,000 1,550,000 2,050,000 57:47 0-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 decimal places.) ok Return on assets nces Year 200W 2x 2CY 2exz 0-2 Comment on the trend O Strong upward movement O Strong downward movement
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