Question Content Area
Trend Analysis
Critelli Company has provided the following comparative information:
Year Year Year Year Year
Net income $ $ $ $ $
Interest expense
Income tax expense
Average total assets
Average stockholders' equity
You have been asked to evaluate the historical performance of the company over the last five years.
Selected industry ratios have remained relatively steady at the following levels for the last five years:
Industry Ratios
Return on total assets
Return on stockholders' equity
Times interest earned
Instructions:
Calculate three ratios for Year through Year Round to one decimal place.
a Return on total assets:
