Manufacturer a Has a Profit Margin of 2

Multiple Choice

Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7 and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1 and an equity multiplier of 4.7. How much asset turnover should manufacturer B have to match manufacturer A's ROE?

A) 1.54%
B) 4.77%
C) 3.00%
D) 3.09%