Assume that the industry averages are as follows: Return on Assets is 16.5%, Debt Ratio is 45.0%, and Profit Margin is 37.6%. For each ratio calculated before, explain (1) how the company is doing compared to the industry and (2) what does each ratio mean/ what does it show?

• Return on Assets (remember this is a brand new company, and the previous year's total assets were 0):

• Debt Ratio:

• Profit Margin: