Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net...
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Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income Total Assets 20X1 $414,000 $2,856,000 20X2 397,000 3,291,000 3,845,000 20X3 406,000 Year Debt 20x1 $1,644,000 20x2 1,739,000 20X3 1,938,000 Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 12.5% 7.8 4.0 Total Assets $2,856,000 3,291,000 3,845,000 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) Net income/Total assets Debt/Total assets Industry Data on Debt/Total Assets 50.3% 20X1 % % 42.0 32.0 Praise/Criticize 20X2 % 20X3 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of % % Denis # Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income Total Assets 20X1 $414,000 $2,856,000 20X2 397,000 3,291,000 3,845,000 20X3 406,000 Year Debt 20x1 $1,644,000 20x2 1,739,000 20X3 1,938,000 Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 12.5% 7.8 4.0 Total Assets $2,856,000 3,291,000 3,845,000 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) Net income/Total assets Debt/Total assets Industry Data on Debt/Total Assets 50.3% 20X1 % % 42.0 32.0 Praise/Criticize 20X2 % 20X3 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of % % Denis #
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a Company Data in Terms of Percentages Net IncomeTotal Assets 20X1 414000 28... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date:
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