Oscar Corp. had net sales of $580,000 for the year ended December 31, 2023. Its beginning and ending total assets were $87,000 and $140,000, respectively. If the industry average asset turnover ratio is 5.26, determine if the company is doing better or worse than the industry average at the year ended December 31, 2023. (Round your answer to two decimal places.)

A.Worse than the industry average of 5.26 with a ratio 0.15 lower than the industry average

B.Worse than the industry average of 5.26 with a ratio 1.12 lower than the industry average

C.Better than the industry average of 5.26 with a ratio 1.12 higher than the industry average

D.Better than the industry average of 5.26 with a ratio 0.15 higher than the industry average