PollyB889 PollyB889

13-09-2019
Business

contestada

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?

Respuesta :

federico1636 federico1636

21-09-2019

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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