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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...

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Finance

Jolie Foster Care Homes Inc. shows the following data:

  

YearNet IncomeTotal
Assets		Stockholders'
Equity		Total Debt
20X1$155,000$2,390,000$761,000$1,629,000
20X2191,0002,700,000966,0001,734,000
20X3208,0002,730,0001,770,000960,000
20X4192,0002,470,0002,220,000250,000

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 eachyear.  (round to 2 decimal place)

Year Return on Assets

20X1 %

20X2 %

20X3 %

20X4 %

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Transcribed Image Text

Jolie Foster Care Homes Inc. shows the following data:  YearNet IncomeTotalAssetsStockholders'EquityTotal Debt20X1$155,000$2,390,000$761,000$1,629,00020X2191,0002,700,000966,0001,734,00020X3208,0002,730,0001,770,000960,00020X4192,0002,470,0002,220,000250,000Compute the ratio of net income to total assets for each year.(round to 2 decimal place)Year Return on Assets20X1 %20X2 %20X3 %20X4 %Compute the ratio of net income to stockholders equity for eachyear.  (round to 2 decimal place)Year Return on Assets20X1 %20X2 %20X3 %20X4 %

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