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For fiscal year 2 0 2 1 , Costco Wholesale Corporation ( COST ) had a net profit margin of 2 . 6 0 %

For fiscal year 2021, Costco Wholesale Corporation (COST) had a net profit margin of 2.60%, asset turnover of 3.24, and a book equity multiplier of 3.28.
a. Use this data to compute Costco's ROE using the DuPont Identity.
b. If Costco's managers wanted to increase its ROE by 1.20 percentage points, how much higher would their new asset turnover need to be?
c. If Costco's net profit margin fell by 1.20 percentage points, by how much would their asset turnover need to increase to maintain their ROE?
a. Use this data to compute Costco's ROE using the DuPont Identity.
Costco's ROE is 27.63%.(Round to two decimal places.)
b. If Costco's managers wanted to increase its ROE by 1.20 percentage points, how much higher would their new asset turnover need to be?
The new asset turnover needs to be , which is an increase of
(Round to two decimal places.)

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