Question: JAS Clocks Corp. shows the following data: Year Shareholders' equity $ 880,000 Net Income $132,000 138,000 28XW Total assets $1,630,000 2,030,000 2,530,000 20XX Total debt.

 JAS Clocks Corp. shows the following data: Year Shareholders' equity $

JAS Clocks Corp. shows the following data: Year Shareholders' equity $ 880,000 Net Income $132,000 138,000 28XW Total assets $1,630,000 2,030,000 2,530,000 20XX Total debt. $ 880,000 1,205,000 1,630,000 910,000 1,030,000 28XY 163,000 20XZ 188,000 3,130,000 1,130,000. 2,130,000 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 20XW % 20xx 20XY 2exZ a-2. Comment on the trend. O Strong upward movement 4 O Strong downward movement b-1. Compute the ratio of net income to shareholders' equity. (Round the final answers to 2 decimal places.) Return on www X %

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