An interval scale indicates rank and distance from a natural zero measured in unit intervals

The only difference between Joe's and Moe's is that Joe's has old, fully depreciated equipment. Moe's just purchased all new equipment which will be depreciated over eight years. Assuming all else equal:

A. Joe's will have a lower profit margin. B. Joe's will have a lower return on equity. C. Moe's will have a higher net income. D. Moe's will have a lower profit margin. E. Moe's will have a higher return on assets.

Several automobile manufacturers have ventured into the electric vehicle market. This has been accelerated more after the success shown by Tesla. Although, multiple global companies are launching their own electric vehicles, yet the competition in the industry is still not considered to be very intense. This is most likely due to:

A) Strategic commitments. B) Exit barriers. C) Consolidated industry structure. D) Industry growth.