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You are considering a new supplier that you estimate would reduce your costs 0.024 , increasing overall EBIT margin the same amount, or 240 basis

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You are considering a new supplier that you estimate would reduce your costs 0.024 , increasing overall EBIT margin the same amount, or 240 basis points. Using 5-way DuPont ratios, what would be the ROE after the changes are made? \begin{tabular}{ll} Net income & 5.882 \\ Pretax profit & 7.352 \\ EBIT & 9.306 \\ Total Sales & 66.47 \\ Avg Assets & 39.1 \\ Avg Equity & 23 \end{tabular} 0.3168 0.2826 0.3080 0.2894 0.2995

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