Front Beam Lighting Company Has The Following Rations Compared To The Industry F
Front Beam Lighting company has the following rations compared to the industry for 2010. Return on assets front beam lighting 12% and Industry 5%; return of equity front beam lighting 16%; industry 20%. Explain why the return on equity ration is so much less favorable than the retrun on assets ration compared to the industry. No numbers are necessary; a one sentence is required.
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