Jolie Foster Care Homes Incorporated shows the following data: Total Assets $ 2,330,000 2,050,000 2,740,000 2,160,000 Year 20x1 20X2 20X3 20x4 Net Income $ 130,000 143,000 207,000 200,000 Year 20X1 20X2 20X3 20X4 Stockholders' Equity $ 1,795,000 1,587,000 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets % % % % 1,790,000 1,620,000 Total Debt $ 535,000 463,000 950,000 540,000
Jolie Foster Care Homes Incorporated shows the following data: Total Assets $ 2,330,000 2,050,000 2,740,000 2,160,000 Year 20x1 20X2 20X3 20x4 Net Income $ 130,000 143,000 207,000 200,000 Year 20X1 20X2 20X3 20X4 Stockholders' Equity $ 1,795,000 1,587,000 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets % % % % 1,790,000 1,620,000 Total Debt $ 535,000 463,000 950,000 540,000
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:Jolie Foster Care Homes Incorporated shows the following data:
Net Income
$ 130,000
143,000
207,000
Total Assets
$ 2,330,000
2,050,000
2,740,000
200,000
2,160,000
Year
20X1
20X2
20X3
20X4
a-1. Compute the ratio of net income to total assets for each year.
Note: Input your answers as a percent rounded to 2 decimal places.
Year
20X1
20X2
20X3
20X4
Return on Assets
%
%
%
Stockholders' Equity
$ 1,795,000
1,587,000
1,790,000
1,620,000
%
Total Debt
$ 535,000
463,000
950,000
540,000

Transcribed Image Text:b-1. Compute the ratio of net income to stockholders' equity for each year.
Note: Input your answers as a percent rounded to 2 decimal places.
Year
20X1
20X2
20X3
20X4
Return on
Stockholders'
Equity
%
%
%
%
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