The Beautiful Bank of Bonita, California, Has the Following Accounting

The Beautiful Bank of Bonita, California, has the following accounting items for each year:
$\begin{array}{lcr}&\text { Previous Year } &\text { Current Year }\\\text { Revenues } & \$ 680,000 & \$ 690,000 \\\text { Expenses } & \$ 600,000 & \$ 650,000 \\\text { Total Assets } & \$ 7,500,000 & \$ 7,500,000 \\\text { Total Equity } & \$ 750,000 & \$ 850,000 \\\text { Marginal Tax Rate } & 30 \% & 30 \%\end{array}$ Solve for ROE, ROA, NPM, AU, and EM and analyze based on a Dupont Analysis why the ROE went down for the current year. Which are the correct reasons for the lower ROE based on your analysis?

A) A lower NPM, lower AU, and lower EM
B) A lower AU and a lower EM
C) A lower NPM and a lower AU
D) A lower NPM and a lower EM