ABC Corp. is an all-equity firm with total assets of $400,000, with sales of $600,000 and net income of $25,000. Management wants to lower costs to increase ROE to around 15%. They do not plan on changing sales or issuing debt. What profit margin would be needed to achieve this higher ROE? What is the equity multiplier here? 9.45% 9.85% 10.00% 10.45% 10.85% Weston Industries had sales of $300,000, assets of $175,000, a profit margin of 5.2%, and an equity multiplier of 1.2. What is the ROE for this firm? 4.28% 3.64% 5.83% 7.43% 10.70%