In: Finance
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 %