Consider a retail firm with anet profit marqgin of 3.08 % , a total asset turnover of 1.78, total assets of $42 4 million, and a book value of equity of $17.6 million. a. What is the firm's current ROE? b. If the firm increased its net profit margin to 3.93 % , what would be its ROE? c. If, in addition, the firm increased its revenues by 16% ( 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 13.2 % (Round to one decimal place) b. If the firm increased its net profit margin to 3.93 %, what would be its ROE? The new ROE would be 17.0 % (Round to one decimal place.) c. If, in addition, the firm increased its revenues by 16% ( maintaining this higherrofit margin and without changing its assets or liabilities), what would be its ROE? The new ROE would be %. (Round to one decimal place)