Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2016 2017 15,840 14,127 72 73 Net sales Cost of good sold Depreciation 12,514 10,491 324 308 Assets Cash and securities Accounts receivable Inventories Total current assets Net fixed assets 1,426 1,272 324 337 EBIT 1,900 2,364 720 718 52 46 2,880 2,810 Interest expense Tax (25%) Net Income 462 580 3,528 1,386 1,738 156 350 Total assets 3,600 Liabilities and Owners' Equity Accounts payable 144 Short-term notes 396 Total current liabilities 540 Long-term debt 427 Common stock 789 Retained earnings 1,844 506 376 923 1,723 Total liabilities and owners' equity 3,600 3,528 Financial statements for SW Inc. are presented above. Calculate the most recent ROA and, if the industry average is 0.55, how does it compare with their overall competition? 0.49 suggesting SW Inc is more profitable with their assets than the industry 0.57 suggesting SW Inc is less profitable with their assets than the industry 0.49 suggesting SW Inc is less profitable with their assets than the industry 0.43 suggesting SW Inc is more profitable with their assets than the industry 0.43 suggesting SW Inc is less profitable with their assets than the industry