1.You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $26.95 million, accounts receivable are $4.30 million, ACP is 30 days, net income is $4.50 million, and debt-to-equity is 1.20 times. Calculate the ROE for the firm.

2.

Tiggie's Dog Toys, Inc., reported a debt-to-equity ratio of 2.00 times at the end of 2015. The firm's total assets at year-end were $23.40 million.

How much of their assets are financed with debt and how much with equity? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 2 decimal places.)