A public company has $31435 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $14154, and its net income was $1132.32. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity (ROE) up to 12%. What profit margin would the firm need in order to achieve the 12% ROE, holding everything else constant? 14.65% 26.65% O 39.97% 19.98% O 26.65