English, 12.04.2021 22:10 amelie1010
Finance Please help
A firm’s operating return on assets is more than its peer group’s return. Which of the following statements draws an incorrect implication from this comparison of asset utilization ratios?
The firm’s operations management and asset management merit shareholders’ confidence.
The firm is generating fewer cents of operating profits for every $1.00 of assets, compared to that earned by the peer group.
The firm is producing more profits from their assets than its peers.
The firm is earning a competitive return on the assets.
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