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Consider a retail firm with a net profit margin of 3 . 9 5 % , a total asset turnover of 1 . 7 7

Consider a retail firm with a net profit margin of 3.95%, a total asset turnover of 1.77, total assets of $42.4 million, and a book value of equity of $17.8 million.
a. What is the firm's current ROE?
b. If the firm increased its net profit margin to 4.74%, what would its ROE be?
c. If, in addition, the firm increased its revenues by 18%(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 4.74%, 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 18%(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.)
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