Complete parts a and b please and thank you Quantum Moving Company has the following data. Industry information also is shown.Company DataYear Net Income Total Assets20X1 $393,00020x2 409,00020X3392,000YearDebt20X1$1,670,00020X21,754,00020X3 1,948,000$2,889,0003,288,0003,755,000Net income/Total assetsDebt/Total assetsTotal Assets$2,889,0003,288,0003,755,000Debt/Total assetsIndustry Data onNet Income/Totala. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.)Net income/Total assetsAssets11.6%20X1Industry Data onDebt/Total Assets52.3%30.0Praise/Criticize20X2b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:%%< Prev9 of 10AirNext >

Ratio Analysis -The ratio is the technique used by the prospective investor or an individual or…

S Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income 20X1 $393,000 20X2 409,000 20X3 392,000 Year Debt $1,670,000 20X1 20X2 1,754,000 20x3 1,948,000 Total Assets $2,889,000 3,288,000 3,755,000 Total Assets $2,889,000 3,288,000 3,755,000 Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 11.6% 7.2 4.9 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 20X1 % % 52.3% 40.0 30.0 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: % %

S Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income 20X1 $393,000 20X2 409,000 20X3 392,000 Year Debt $1,670,000 20X1 20X2 1,754,000 20x3 1,948,000 Total Assets $2,889,000 3,288,000 3,755,000 Total Assets $2,889,000 3,288,000 3,755,000 Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 11.6% 7.2 4.9 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 20X1 % % 52.3% 40.0 30.0 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: % %

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.4.10P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...

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