Last year Lowell inc. had a total assets turnover of 1.60 and an equity multiplier of 1.75. its sales were $295,000 and its net income was $10,600. The Cro belleves that the company could have operated more efficiently, lowered its costs and increased its net income to $20,850 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income as expected, how much would the nOE have changed? 7.55%4 838% 9.09% 9.738 8.516