Consider a retail firm with a net profit margin of 3 50%, a total asset...
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Consider a retail firm with a net profit margin of 3 50%, a total asset turnover of 1 80, total assets of$44 0 million, and a book value ofequity of$18 million a. What is the firm's current ROE? b. If the firm increased its net profit margin to 4.00%, what would be its ROE? c. 1 in addition, the firm increased its revenues by 20% maintaining this higher profit margin and without changing s assets or abilities hat would be s ROE? a. What is the firm's current ROE? The firm's current ROE is% (Round to one decimal place ) b. If the firm increased its net profit margin to 4.00%. What would be its ROE? The new ROE would be | %- (Round to one decimal place.) c If in addition the firm increased its revenues by 20% maintaining this higher profit margin and without changing its assets or liabilities The new ROE would be %- (Round to one decimal place.) what would be its ROE
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