Which of the following statements is CORRECT? O a. Suppose a firm's total assets turnover ratio falls from 1.0 to 0.9, but at the same time its profit margin rises from 9% to 10% and its debt increases from 40% of total assets to 60%. The firm finances using only debt and common equity, and total assets equal total invested capital. Under these conditions, the Roe will increase O b. Other things held constant, an increase in the total debt to total copital ratio will result in an increase in the profit margin, O Suppose a firm's total assets turnover ratio falls from 1.0 to 0.9. but at the same time its profit margin rises from 9 to 10% and its debt increases from 40% of total assets to 60%. The firm finances using only debt and common equity, and total assets equal total invested capital. Without additional Information, we cannot tell what will happen to the ROE O d. Suppose a firm's total assets turnover ratlo falls from 1.0 to 0.9. but at the same time its profit margin rises from 9% to 10% and its debt increases tror 40% of total assets to 60%. The fire finances using only debt and common equity, and total assets equal total invested capital Under these conditions, the ROE wil decrease O e, The DuPont equation provides information about how operations affect the ROE. but the equation does not include the effects of debt on the ROE In 2020. Garner Grocers had taxable income of -$3.300,000. The corporate tax rate is 25%. Assume that the company takes full advantage of the Tax Code carry-forward provision. In 2001, Garner has taxable income of $1.000.000. What is the amount of taxes the company paid in 2021? O . $750,000 b. 5825,000 0 $250,000 d. $0 0 $2,475,000