In January 2007 the Status Quo Company was formed Total assets were $556000, of which $385.000…

In January 2007 the Status Quo Company was formed Total assets were $556000, of which $385.000 consisted of depreciable foxed assets. Status Quo uses straight-line depreciation of $38.500 per year, and in 2007 it estimated ts foxed assets to have useful lives of 10 years Aftertax income has been $28,000 per year for each of the last 10 years. Other assets have not changed since 2007 a. Compute return on assets at year-end for 2007, 2009, 2012, 2014 and 2016. (Us $28.000 in the numerator for each year) (Input your answers as a percent rounded to 2 decimal places.) Year 2007 Return on Assets 7661 2009 2012 2014 2016 145.45 b. To what do you atribute the phenomenon shown in barta? Amal depreciation charges increase in market share Increase in current assets c. Now a umencome increased by 10 percent each year What affect would have on your answers to porta?