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Consider a retail fim with a net profit margin of 3.13%, a total asset tumover of 1.88 , total assets of $12. B mallion, and

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Consider a retail fim with a net profit margin of 3.13%, a total asset tumover of 1.88 , total assets of $12. B mallion, and a book value of equity of $17.1 million. a. What is the firm's current ROE? b. If the firm increased its net profit margin to 3.71%, what would be its ROE? c. If, in addition, the firm increased its revenues by 17% (maintaining this higher profit margin and without changing is assets or liabilies), what would be its ROE? a. What is the firm's current ROE? The firmis current ROE is 14.7% (Round to one decinsal place) b. If the firm increased its net proft margin to 3.71%, what would be its ROE? The new ROE would be 17.4%. (Round to one decimal place.) c. If, in addition, the fim incressed its revenues by 17% (maintaining this higher profit margin and without changing its assets or labilties), what would be its ROE? The new ROE would be 20.4%. (Round to one decimal place.) Consider a retail fim with a net profit margin of 3.13%, a total asset tumover of 1.88 , total assets of $12. B mallion, and a book value of equity of $17.1 million. a. What is the firm's current ROE? b. If the firm increased its net profit margin to 3.71%, what would be its ROE? c. If, in addition, the firm increased its revenues by 17% (maintaining this higher profit margin and without changing is assets or liabilies), what would be its ROE? a. What is the firm's current ROE? The firmis current ROE is 14.7% (Round to one decinsal place) b. If the firm increased its net proft margin to 3.71%, what would be its ROE? The new ROE would be 17.4%. (Round to one decimal place.) c. If, in addition, the fim incressed its revenues by 17% (maintaining this higher profit margin and without changing its assets or labilties), what would be its ROE? The new ROE would be 20.4%. (Round to one decimal place.)

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