question 8 please and thank you very much

Jordan Inc has the following balance shoet and income statement data: The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the curre ratio to equal the industry average, 2.25, without affecting either sales or net income. Assuming that The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry average, 2.25, without affecting either sales or net income. Assuming that inventories are sold off and not replaced to get the current ratio to the target level, and that the funds generated are used to buy back common stock at book value, by how much would the ROE change? Do not round your intermediate calculations. 16.65% 22.13% 22.55% 21.27% 21.07%