a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. Net income/Total assets Debt/Total assets 20X1 % % 20X2 % % 20X3 % %
a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. Net income/Total assets Debt/Total assets 20X1 % % 20X2 % % 20X3 % %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Quantum Moving Company has the following data. Industry information also is shown.
Industry Data on Net
Income/Total Assets
14.5%
9.5
4.9
Year
20X1
20X2
20X3
Year
20X1
20X2
20X3
Company data
Net Income
$427,000
407,000
397,000
Company Data
Debt
$ 1,709,000
1,784,000
1,901,000
Debt/Total assets
Net income/Total assets
Total Assets
$ 2,877,000
3,224,000
3,837,000
Total Assets
$ 2,877,000
3,224,000
3,837,000
a. Calculate the company's data in terms of:
Note: Input your answers as a percent rounded to 1 decimal place.
20X1
Industry Data on Debt/Total
Assets
%
%
20X2
57.8%
45.0
32.0
%
%
20X3
%
%
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