AAA Corp. had a total assets tumover of 1.35 and an equity multiplier of 1.65. Its sales were $388,000 and its net income was $12,500. The CFO believes that the company could have sold its products at a higher price point and lowered its costs, so the new net income would be $24,000 without changing its sales, assets, liabilities or equity. Given these changes, how much would the ROE have changed? Do not round your intermediate calculations. a. 8.32% b. 6.60% c. 6.95% d. 5.38% e. 8.04%