Question

If the company's return on assets is 13% and the industry average is 10%, the company's return on assets ratio is _____ the industry average.

Answer 1

Answer: better than

Explanation:

Return on assets refers to a profitability ratio which shows the amount of profit that a company will make from its assets. The return on assets is calculated by dividing the net income of the business by the total assets.

Since a company's return on assets is 13% and the industry average is 10%, then we can infer that the company's return on assets ratio is better than the industry average.