This problem is from Big Book (Test 10 Section 3 Problem 25)
The answer given for this problem is A. But why it’s not C?
Can anyone tell me?
We do not have information about Each United States Manufacturer, we only have information on the Percentage Return on Equity for All US Manufacturers. That’s why C is wrong, and only A is correct
They have told about all manufacturers of US, which is 8% return in 1988. I am confused about that. It’s more than 7%. Don’t All manufacturers represent each of them?