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 Awesome Sweets know if the 6.9% ROA is a good return to attract possible investors?

Answer 1

Check industry standards

Step-by-step 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.