Ask Question
1 June, 01:59

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?

+4
Answers (1)
  1. 1 June, 02:17
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9% How does ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers