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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
28. Quantum Moving Company has the following data. Industry information also is shown. Company Data Industry Data on Year Net Income Total Assets 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 Year Debt Total Assets Industry Data on 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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