Use the following data to compute each firm's net profit margin, total asset turnover, equity multiplier, and return on equity. (Note: The following dollar values are expressed in millions of U.S. dollars.) Common Total Assets Net Income Net Profit Margin Total Asset Turnover Equity Multiplier Return on Equity Firm Equity Sales A $35,050 $13,933 $67,713 $7,498 11.07% 2.52 B $17,078 $6,510 $8,170 $1,113 13.62% 0.48x C $37,402 $15,195 $24,363 $3,907 0.65x 2.46 Referring to this data, which of the following conclusions is true about the companies! ROES? Although the three firms exhibit relatively similar efficiencies in managing its asset bases, firm C is marginally better in doing so. Firm A exhibits the lowest debt ratio among the three firms. Company B's ROE performance results from its terrible profitability and cost-containment performance, and despite its superior asset- management productivity performance. Compared to firms A and B, firm C exhibits the worst job of managing its operating efficiency by reducing its costs and tax burden. Grade Final Step TOTAL SCORE: 2/4 this and un Grade It Now Save & Continue MacBook Pro O