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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Canadian Tire Corporation Nova Chemicals Corporation Bell Aliant Regional Communications Inc. Net Income in millions) $467 615 336 Average Total Assets (in millions) $11,694 5,892 8,155