Thermacorp's operates in the heating and cooling industry. Thermacorp's ROE for the past year was $17\mathrm{.}1\%.$ Analysts are correct when they declare that Thermacorp has a competitive advantage. Which of the following is also likely to be true about Thermacorp

The heating industry's average ROE for the past year was above $17\mathrm{.}1\%$

The heating industry's WACC for the past year was $17\%$ and Thermacorp earned below normal returns.

Thermacorp's WACC for the past year was $17\%$ and Thermacorp earned above normal returns

The heating industry's average ROA for the past year was below $17\mathrm{.}1\%$