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Evaluate the company in terms of roi while income has

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Consider the following information for McKinley and Son, Inc.

                                                               12/31/2014                          12/31/2015

__________________________________________________________________________________________________________

Total assets                                              $55,000,000                        $62,000,000

Noninterest-bearing current liabilities         1,100,000                           1,320,000

Net income                                                  3,300,000                            3,426,000

Interest expense                                          726,000                              770,000

Tax rate                                                          35%                                  35%

Required

a. Evaluate the company in terms of ROI

b. While income has increased in fiscal 2015, is it clear that the company's performance has improved?

Reference no: EM13484765

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