Question: Need solve this problem. i just need question C. thank you. Consider a retail firm with a net profit margin of 3.92%, a total asset

Consider a retail firm with a net profit margin of 3.92%, a total asset turnover of 1.77, total assets of 543.6 million, and a book value of equity of 518.7 million a. What is the firm's current ROE? b. If the firm increased its not profit margin to 4.59%, what would be its ROE? c. I. In addition, the firm increased its revenues by 22% (maintaining this higher profit margin and without changing is assets or liabilities), what would be s ROE? a. What is the firm's current ROE? The firm's current ROE IS 16.177 % (Round to one decimal place) b. If the firm increased its net profit margin to 4.59%, what would be its ROE? The new ROE would be 18.942 %. (Round to one decimal place.) c. If, in addition, the firm increased its revenues by 22% (maintaining this higher profit margin and without changing its assets or liabilities). what would be is ROE? The new ROE would bo % (Round to one decimal place.)
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