All state trucking co has the following ratios compared to, Ask an Expert

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All State Trucking Co. has the following ratios compared to it industry for 2007:

AllState Trucking Industry

Return on sales 3% 8%

Return os assets 15% 10%

Explain why the return-on-assets ratio is so much more favorable than the return-on-sales ratio compared to the industry. Nu numbers are necessary; a one-sentence answer is all that is required.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9995825

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