Lloyd Inc. has sales of $750,000, a net income of $82,500, and the following balance sheet: Cash.$132,300.Accounts payable..$193,200 Receivables..390,600 .Other current liabilities130,200 Inventories.966,000 Long-term debt296,100 Net Fixed assets..611,100 Common equity1,480,500 Total Assets.$2,100,000 .. Total liabilities and equity..$2,100,000 The new owner thinks that inventories are excessive and can be lowered to the point where the current ratio is equal to the industry average, 2.25x, without affecting sales or net income. If inventories are sold and not replaced (thus reducing the current ratio to 2.25x), if the funds generated are used to reduce common equity (stock can be repurchased at book value), and if no other changes occur, by how much will the ROE change? Round your answer to two decimal places. ________ % What will be the firm's new quick ratio? Round your answer to two decimal places. ________ x