A firm has an ROE of 3.4%, a debt-to-equity ratio of 0.9, a tax rate of 35%, and pays an interest rate of 6% on its debt. What is its operating ROA? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

ROA

%

B.

A firm has a tax burden ratio of 0.8, a leverage ratio of 1.65, an interest burden of 0.5, and a return on sales of 16%. The firm generates $2.30 in sales per dollar of assets. What is the firm's ROE? (Do not round intermediate calculations. Omit the "%" sign in your response. Round your answer to 2 decimal places.)

ROE

%