The Industry in Which RTF Corporation Operates Has an Industry

Multiple Choice

The industry in which RTF Corporation operates has an industry average of 21% for earnings before taxes. In 2018 is RTF outperforming or underperforming the industry and why?

A) Outperforming because RTF has an EBT of 19%.
B) Outperforming because RTF has an EBT of 21%.
C) Underperforming because RTF has an EBT of 19%.
D) Underperforming because RTF has an EBT of 20%.
E) Performing in line with the industry at 21%.