A company which has an ROE of 28.16%, Total Asset Turnover of 2.2x, Profit margin of 8% and $1,000,000 in equity. What does the company have in total assets? A- $1.6 Million B-$2.2 Million C- $800,000 D-$2,816,000

All of the following methods could potentially improve a company's ROE, except for: A. Increase prices B. Decrease the debt ratio C. Increase sales relative to assets. D. Increase the equity multiplier company with 800,000 in assets has sales of $1,000,000.

Their net income is $80,000 and $500,000 in liabilities. According to the Dupont Identity, what is the company's ROE? A-20.0% B-16.0% C-8.0% D-26.67%