Last year Altman Corp. had $345,000 of assets, $303,500 of sales, $27,250 of net income, and a debt-to-total-assets ratio of 45%. The new CFO believes the firm has excessive fixed assets and inventory that could be sold, enabling it to reduce its total assets to $192,500. Sales, costs, and net income would not be affected, and the firm would maintain the 45% debt ratio. By how much would the reduction in assets improve the ROE? Question options: 11.69% 11.38% 9.73% 15.45% 12.93%