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Firm X has a higher Net Profit Margin but lower ROE than Firm Y. Explain the reasons for this difference. begin{tabular}{lcc} & Firm X &

Firm X has a higher Net Profit Margin but lower ROE than Firm Y. Explain the reasons for this difference.

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\begin{tabular}{lcc} & Firm X & Firm Y \\ \hline Net Profit Margin & 10.00% & 8.00% \\ Asset Turnover & 2.00 & 1.80 \\ Equity Multiplier & 1.75 & 3.00 \\ \hline ROE & 35.00% & 43.20% \end{tabular}

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