Question: The following table shows the net income and average total

The following table shows the net income and average total assets for a recent fiscal year for three different companies from three different industries: retailing, manufacturing, and communications.
a. For each company, determine the return on assets ratio. Round to two decimal places.
b. Explain Canadian Tire’s ratio relative to the other two companies.

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  • CreatedSeptember 15, 2015
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