Question: If profit margin increases by 7 % , asset turnover decreases by 4 thend thementimuthen approximately, will the ROE change? ( Round to the nearest

If profit margin increases by 7%, asset turnover decreases by 4 thend thementimuthen approximately, will the ROE change? (Round to the nearest percentagen)
Not enough information is given
It will decrease by 12%
It will decrease by 16%
It will increase by 16%
It will increase by 12%
If profit margin increases by 7%, asset turnover decreases by 4

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