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American Capital has $375.000 of assets, and uses only common equity capital (zero debt). Sales for the year were $420,000, and stockholders recently voted in

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American Capital has $375.000 of assets, and uses only common equity capital (zero debt). Sales for the year were $420,000, and stockholders recently voted in a new management team that has promised to lower costs and increase the company's return on equity. Holding everything else constant, what proft margin wou the firm need in order to achieve an ROE of 13.9%? Your answer should be between 8.54 and 18.22,rounded to 2 decimal places, with no special characters

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