Q4. TO Corp has $415,000 of assets, but the new CFO believe this is way too much. The company has sales for $403,000, its net income is $28,500 and debt-to-total-capital ratio is 30%. The new CFO believes the firm wants to reduce the fixed assets, one way to do it is selling old inventory, enabling it to reduce its total assets and total invested capital to $245,000. Sales, costs, and net income would not be affected, and the firm would maintain the same % capital structure but with less total debt. a. How much was the ROE prior the reduction in Assets? b. How much would the ROE improved after the reduction in Assets