Best Ball Bearings has a ROS of 24.60% and Amazing Automotive has an ROS of 27.45%. Which of the following statements is true?
A) Amazing Automotive reported more dollars of profit than Best Ball Bearings.
B) Amazing Automotive has more of the firm financed with debt than Best Ball Bearings does.
C) Amazing Automotive is able to bring its product to market more efficiently than Best Ball Bearings.
D) Best Ball Bearings would likely be able to borrow money at a lower interest rate than would Amazing Automotive.
Correct Answer:
Verified
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