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Brown Bear Incorporated is interested in assessing the following scenarios on its indicators of profitability. Solve each scenario independently. a . Brown Bear has taken

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Brown Bear Incorporated is interested in assessing the following scenarios on its indicators of profitability. Solve each scenario independently.
a. Brown Bear has taken significant steps to decrease expenses and expects its net income to increase by $6 million to $58 million. If its profit margin is 10.0%, what will the profit margin be after considering the decreased expenses?
b. Brown Bear has taken significant steps to decrease expenses and expects its net income to increase by $6 million to $58 million. If its average total assets are $496 million, what will its return on assets be?
a. Brown Bear has taken significant steps to decrease expenses and expects its net income to increase by $6 million to $58 million. If its profit margin is 10.0%, what will the profit margin be after considering the decreased expenses? (Round your answer to the nearest tenth of a percent, X.X%.)
The profit margin after considering the decreased expenses will be %
b. Brown Bear has taken significant steps to decrease expenses and expects its net income to increase by $6 million to $58 million. If its average total assets are $496 million, what will its return on assets be?(Round your answer to the nearest tenth of a percent, X.X%.)
Brown Bear's return on assets will be %
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