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Consider a retail firm with a net profit margin of 3.82%, a total asset turnover...

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Consider a retail firm with a net profit margin of 3.82%, a total asset turnover of 1.88 total assets of $43.7 million, and a book value of equity of $18 3 million a. What is the firm's current ROE? b. If the firm increased its net profit margin to 4.66%, what would be its ROE? c. If in addition, the firm increased its revenues by 20% (maintaining this higher profit margin and without changing its assets or liabilities), what would be its ROE? a. What is the firm's current ROE? The firm's current ROE is 171 % (Round to one decimal place.) b. If the firm increased its net profit margin to 4 66%, what would be its ROE? The new ROE would be 20.9% (Round to one decimal place) c. If, in addition, the firm increased its revenues by 20% (maintaining this higher profit margin and without changing its assets or liabilities), what would be its ROE? The new ROE would be % (Round to one decimal place)

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