Acme Corp. has reported the following financial ratios for the past two years:

Based only on these results, an analyst would most correctly conclude that the results in year 20X1 compared to those in year 20X0 indicate that Acme's ROE has:

A.declined,in part due to lower profitability.

B.Increased because the company has used more debt financing.

C.Increased because of the improvement in asset utilization.