Quantum Moving Company has the following data. Industry information also is shown. Company data Year 20X1 20X2 20x3 Year 20X1 20X2 20x3 Net Income $ 413,000 451,000 460,000 Company Data Debt $ 1,695,000 1,774,000 1,969, 000 Total Assets $ 2,843,000 3,283,000 3,773,000 Net income/Total assets Debt/Total assets Total Assets $ 2,843,000 3,283,000 3,773,000 20X1 a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. % % Industry Data on Debt/Total Assets Industry Data on Net Income/Total Assets 20X2 % % 55.5% 49.0 34.0 20X3 % % 12.2% 7.7 4.1

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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Raghubhai 

Quantum Moving Company has the following data. Industry information also is shown.
Company data
Year
20X1
20X2
20X3
Year
20X1
20X2
20X3
Net Income
$ 413,000
451,000
460,000
Company Data
Debt
$ 1,695,000
1,774,000
1,969,000
Total Assets
$ 2,843,000
3,283,000
3,773,000
Net income/Total assets
Debt/Total assets
Total Assets
$ 2,843,000
3,283,000
3,773,000
20X1
a. Calculate the company's data in terms of:
Note: Input your answers as a percent rounded to 1 decimal place.
%
de de
%
Industry Data on
Debt/Total Assets.
20X2
de de
Industry Data on Net
Income/Total Assets.
12.2%
7.7
4.1
%
%
55.5%
49.0
34.0
20X3
%
%
Transcribed Image Text:Quantum Moving Company has the following data. Industry information also is shown. Company data Year 20X1 20X2 20X3 Year 20X1 20X2 20X3 Net Income $ 413,000 451,000 460,000 Company Data Debt $ 1,695,000 1,774,000 1,969,000 Total Assets $ 2,843,000 3,283,000 3,773,000 Net income/Total assets Debt/Total assets Total Assets $ 2,843,000 3,283,000 3,773,000 20X1 a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. % de de % Industry Data on Debt/Total Assets. 20X2 de de Industry Data on Net Income/Total Assets. 12.2% 7.7 4.1 % % 55.5% 49.0 34.0 20X3 % %
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