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Consider a retail firm with a net profit margin of 3 . 1 2 % , a total asset turnover of 1 . 7 5

Consider a retail firm with a net profit margin of 3.12%, a total asset turnover of 1.75, total assets of $42.9 million, and a book value of equity of $18.1 million.
a. What is the firm's current ROE?
b. If the firm increased its net profit margin to 3.64%, what would be its ROE?
c. If, in addition, the firm increased its revenues by 25%(maintaining this higher profit margin and without changing its assets or liabilities), what would be its ROE?
a. What is the firm's current ROE?
The firm's current ROE is
%.(Round to two decimal places.)
b. If the firm increased its net profit margin to 3.64%, what would be its ROE?
The new ROE would be
%.(Round to two decimal places.)
c. If, in addition, the firm increased its revenues by 25%(maintaining this higher profit margin and without changing its assets or liabilities), what would be its ROE?
The new ROE would be
%.(Round to two decimal places.)
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