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
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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
%
%
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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