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1. During the latest year, XYZ Corporation has total sales of $200,000, net income of 20,000, and its year-end total assets were $400,000. The firms

1. During the latest year, XYZ Corporation has total sales of $200,000, net income of 20,000, and its year-end total assets were $400,000. The firms total debt to total assets ratio was 50%. What is firm's profit margin as a percentage? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (%) instead of 0.0843.

2. If a companys ROA is 6.0% and its total assets to total equity ratio is 5.0, what is its ROE (return on equity)? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (%) instead of 0.0843)

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