Suppose a research firm conducted a survey to determine the average amount of money steady smokers spend on cigarettes during a week. A sample of 100 steady smokers revealed that the sample mean is $80 and the sample standard deviation is $20. What is the probability that a sample of 100 steady smokers spend between $76 and $84?

Compare the firm’s financial ratios with other firms in the industry for the current year

Explanation:

return on equity (ROE) = net income / stockholders' equity

it measures how profitable the company is according the amount of money that stockholders' invested in it.

Since you are trying to conduct a comparative analysis for the current year, it doesn't make sense to compare the current financial ratios with the financial ratios of previous years. If you want to compare the current year, you must compare the current financial ratios to the ratios of other companies in the same industry or the industry as a whole.