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Question 18 5 pts American Capital has $375,000 of assets, and uses only common equity capital (zero debt). Sales for the last year were $420,000,

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Question 18 5 pts American Capital has $375,000 of assets, and uses only common equity capital (zero debt). Sales for the last year were $420,000, and stockholders recently voted in a new management team that has promised to lower costs and increase the company's return on equity. Holding everything else constant, what profit margin would the firm need order to achieve an ROE of 13.3%? ur answer should be between 8.54 and 18.22, rounded to 2 decimal ces, with no special characters

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