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Gennadij [26K]
2 years ago
6

Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9%

How does Awesome Sweets know if the 6.9% ROA is a good return to attract possible investors?
Business
1 answer:
Nostrana [21]2 years ago
7 0

Answer:

Check industry standards

Explanation:

In order to be sure that a financial indicator is fine, the company must check it against it's market. The above average the better.

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