Ratio information for a company and its industry are shown below: Profit Margin 18% Company: Industry: Asset Turnover 1.50 1.80 Equity Multiplier 1.00 1.40 13% Which of the following statements is most FALSE? The OD e Out of sales revenue generated, the company lost 82% to expenses compared to the industry losing 87% to expenses. company's return on assets oquals its return on equity, The company's return on equity is hurt by the fact that it has no debt. Both the industry's ROE and ROA are stronger than for the company, even though the company has 5 percentage points more of profit marpin. The company needs to increase its debt level some and/or improve the productiveness of its assets in order to keep up with the industry's return on equity, od