Most investors and analysts in the financial community observe a firm's ROE closely. The ROE can be calculated by dividing the firm's net income by the shareholders' equity, or it can be reduced into the key factors that drive the ROE. Investors and analysts like to focus on these drivers to develop a more holistic image of what is changing within a company. An analyst collected the following fiscal year 2018 data for firms operating in the agricultural sector. Use the data to compute the net profit margin (NPM), total asset turnover (TAT), and equity multiplier (EM) values required for a DuPont analysis. (Note: Round your answers to two decimal places. The following dollar values are expressed in millions of U.S. dollars.) Referring to this data, which of the following conclusions is true about the firms' ROEs? Compared to firms B and C, firm A does the best job of containing its costs and managing its tax obligations. Firm A's equity multiplier indicates that it has the lowest debt ratio of the three firms. Compared to firms B and C, firm A's exceptional ROE performance appears to result from its superior efficiency in using its asset base and its heavily leveraged capital structure. Compared to companies A and C, firm B uses more financial leverage and exhibits the highest debt ratio