Last year Bell Corp had $200 of assets, $300 of sales, $30 of net income, and a liability-to-asset ratio of 40%. The new CFO believes the firm has excessive fixed assets and inventory that could be sold, enabling it to reduce its total assets to $150. Sales, costs, and net income would not be affected, and the firm would maintain the 40% liability-to-asset ratio. By how much would the reduction in assets improve the ROE? Select one: O a. 5.56% O b. 25.00% O c. 16.67% O d. 8.33% e. 22.22%