Explain why the return-on-equity ratio is so much less

Reference no: EM13570036

. Front Beam Lighting Company has the following ratios compared to its industry for 2010. Front Beam Lighting Industry Return on assets 12% 5% Return on equity 16% 20% Explain why the return-on-equity ratio is so much less favorable than the return-on-assets ratio compared to the industry. No numbers are necessary; a one-sentence answer is all that is required.

Reference no: EM13570036

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