Consider a retail firm with a net profit margin of $3\mathrm{.}95\%,$ a total asset turnover of $1\mathrm{.}81,$ total assets of

$$45\mathrm{.}6$ million, and a book value of equity of $$18\mathrm{.}1$ million.

a$.$ What is the firm's current ROE?

b$.$ If the firm increased its net profit margin to $4\mathrm{.}62\%,$ what would its ROE be$?$

c$.$ If$,$ in addition, the firm increased its revenues by $25\%($while maintaining this higher profit margin and

without changing its assets or liabilities$),$ what would its ROE be$?$

a$.$ What is the firm's current ROE?

The firm's current ROE is

$\%.($Round to one decimal place.$)$

b$.$ If the firm increased its net profit margin to $4\mathrm{.}62\%,$ what would its ROE be$?$

The new ROE would be

$\%.($Round to one decimal place.$)$

c$.$ If$,$ in addition, the firm increased its revenues by $25\%($while maintaining this higher profit margin and

without changing its assets or liabilities$),$ what would its ROE be$?$

The new ROE would be

$\%.($Round to one decimal place.$)$