Precision Aviation had a profit margin of 8.00%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE? a. 21.60% O b.16.63% O c. 22.68% O d. 20.95% O e. 23.76% 8 points pointsel Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 15.0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. O a. 9.03% b.7.42% O c. 11.09% d.8.85% e. 8.94% A Moving to the next question prevents changes to this answer. Question 27 of 6 Assume that investors have recently become more risk averse, so the market risk premium has increased. Also, assume that the risk-free rate and expected inflation have not changed. Which of the following is most likely to occur? a. The required rate of return for an average stock will increase by an amount equal to the increase in the market risk premium. O b. The required rate of return will decline for stocks whose betas are less than 1.0. O c. The required rate of return on the market, IM, will not change as a result of these changes. O d.The required rate of return for each individual stock in the market will increase by an amount equal to the increase in the market risk premium. Oe. The required rate of return on a riskless bond will decline. A Moving to the next question prevents changes to this