Question
In: Finance
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
| Year | Net Income | Total Assets |
Stockholders' Equity |
Total Debt | ||||
| 20X1 | $ | 200,000 | $ | 2,520,000 | $ | 1,550,000 | $ | 970,000 |
| 20X2 | 189,000 | 2,630,000 | 1,710,000 | 920,000 | ||||
| 20X3 | 137,000 | 2,120,000 | 1,470,000 | 650,000 | ||||
| 20X4 | 132,000 | 2,270,000 | 1,650,000 | 620,000 | ||||
a-1. Compute the ratio of net income to total
assets for each year. (Input your answers as a percent
rounded to 2 decimal places.)
| year | return on assets |
|
2011 |
% |
| 2012 | % |
| 2013 | % |
| 2014 | % |
a-2. What is the trend in the net income to total assets ratio?
a. Strong downward movement
b. Strong upward movement
b-1. Compute the ratio of net income to
stockholders' equity for each year. (Input your answers as
a percent rounded to 2 decimal places.)
| Year | Returns on stockholder's Equity |
|---|---|
| 20x1 | % |
| 20X2 | % |
| 20X3 | % |
| 20X4 | % |
b-2. What is the trend in the net income to
stockholders' equity ratio?
a. Strong downward movement
b. Strong upward movement
Solutions
jeff jeffy answered 2 years agoRelated Solutions
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
Year
Net Income
Total
Assets
Stockholders'
Equity
Total Debt
20X1
$
155,000
$
2,390,000
$
761,000
$
1,629,000
20X2
191,000
2,700,000
966,000
1,734,000
20X3
208,000
2,730,000
1,770,000
960,000
20X4
192,000
2,470,000
2,220,000
250,000
compute the ratio of net income to total assets for each year.
round to 2 decimal place and compute the ratio of net income to
stockholders equity for each year.
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
Year
Net Income
Total
Assets
Stockholders'
Equity
Total Debt
20X1
$
155,000
$
2,390,000
$
761,000
$
1,629,000
20X2
191,000
2,700,000
966,000
1,734,000
20X3
208,000
2,730,000
1,770,000
960,000
20X4
192,000
2,470,000
2,220,000
250,000
Compute the ratio of net income to total assets for each year.
(round to 2 decimal place)
Year Return on Assets
20X1 %
20X2 %
20X3 %
20X4 %
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Net income increases and Stockholders' equity declines
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Cannot be determined from the information provided
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TSW Inc. had the following data for last year: Net income =
$800; Net operating profit after taxes (NOPAT) = $700; Total assets
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just-completed year is as follows: Net income = $1,000; Net
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For each transaction below, write the net effect on Current Assets (CA), Total Assets, Net Income...
For each transaction
below, write the net effect on Current Assets (CA), Total Assets,
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activities (CFO), and Cash flows from investing activities
(CFI).
Write only the effect for the current period.
Assume the company is a merchandising firm.
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For classifying interest...
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C. 10.9%
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