Problem The following table contains information about Walmart (WMT) and Macy's (M). Compute their respective ROES...

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Problem The following table contains information about Walmart (WMT) and Macy's (M). Compute their respective ROES and then determine how much Walmart would need to increase its profit margin in order to match Macy's ROE. Profit Margin Asset Turnover Equity Multiplier Walmart 1.4% 2.3 2.8 Macy's 4.3% 1.3 3.0 Problem The following table contains information about Walmart (WMT) and Macy's (M). Compute their respective ROES and then determine how much Walmart would need to increase its profit margin in order to match Macy's ROE. Profit Margin Asset Turnover Equity Multiplier Walmart 1.4% 2.3 2.8 Macy's 4.3% 1.3 3.0