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Trend analysis (LO4) Quantum Moving Company has the following data. Industry information also is shown. Industry Data on Net Income/Total Assets...

This question was answered on Sep 06, 2012. View the Answer
Trend analysis (LO4) Quantum Moving Company has the following data. Industry information also is shown.

Question information attached. Will need the response in Excel format.
28. Trend analysis (LO4) Quantum Moving Company has the following data. Industry information also is shown. Industry Data on Company Data Net Income/Total Assets Year Net Income Total Assets 2008 $350,000 $2,800,000 11.5% 2009 375,000 3,200,000 8.4 2010 375,000 3,750,000 5.5 Industry Data on Year Debt Total Assets Debt/Total Assets 2008 $1,624,000 $2,800,000 54.1% 2009 1,730,000 3,200,000 42.0 2010 1,900,000 3,750,000 33.4 As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of: a . Net income/Total assets. b . Debt/Total assets.
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Answer
a) Net Income / Total Assets
Year
Quantum
2008
$350000/ $2800000 *100= 12.5%
2009
375000 / 3200000 *100 =11.7%
2010
375000/3750000 *100 =10% Industry
11.5%
8.4%
5.5% Company’s Net Income /...

This question was asked on Sep 05, 2012 and answered on Sep 06, 2012.

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