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Amounts are in thousands of dollars (except number of shares and price per share): begin{tabular}{lr} multicolumn{2}{c}{ Kiwi Fruit Company Income Statement } Net sales
Amounts are in thousands of dollars (except number of shares and price per share): \begin{tabular}{lr} \multicolumn{2}{c}{ Kiwi Fruit Company Income Statement } \\ Net sales & $11,100 \\ Cost of goods sold & 8,900 \\ Gross profit & $2,200 \\ Operating expense & 920 \\ Operating income & 1,280 \\ Other income & 140 \\ Net interest expense & 200 \\ Pretax income & $1,220 \\ Income tax & 230 \\ Net income & $990 \\ Earnings per share & $1.20 \\ Shares outstanding & 825,080 \\ Recent price & $25.00 \\ \hline \end{tabular} Calculate ROA and ROE for Kiwi Frult. (Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.)
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