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 %

Compute the ratio of net income to stockholders equity for each year. (round to 2 decimal place)

Year Return on Assets

20X1 %

20X2 %

20X3 %

20X4 %

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Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 4 months ago

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