Keep getting the percentage wrong help me please

Check My Work (No more tries available) eBook Problem Walk-Through Lloyd Inc. has sales of $100,000, a net income of $10,000, and the following balance sheet: Cash $ 16,200 Accounts payable $ 20,800 Receivables 31,800 Notes payable to bank 9,200 Inventories 84,000 Total current liabilities $ 30,000 Total current assets $ 132,000 Long-term debt 24,400 Net fixed assets 68,000 Common equity 145,600 Total assets $ 200,000 Total liabilities and equity $200,000 The new owner thinks that inventories are excessive and can be lowered to the point where the current ratio is equal to the industry average, 2.5x, without affecting sales or net income. If inventories are sold and not replaced (thus reducing the current ratio to 2.5x), if the funds generated are used to reduce common equity (stock can be repurchased at book value), and if no other changes occur, by how much will the ROE change? Do not round intermediate calculations. Round your answer to two decimal places. ROE will increase by 0.01 percentage points. What will be the firm's new quick ratio? Do not round intermediate calculations. Round your answer to two decimal places. 1.6 x