Amounts are in thousands of dollars (except number of shares and price per share):

Kiwi Fruit Company Balance Sheet
Cash and equivalents	$	370
Operating assets		780
Property, plant, and equipment		3,000
Other assets		175
Total assets	$	4,325
Current liabilities	$	1,040
Long-term debt		1,195
Other liabilities		185
Total liabilities	$	2,420
Paid in capital	$	405
Retained earnings		1,500
Total equity	$	1,905
Total liabilities and equity	$	4,325

Kiwi Fruit Company Income Statement
Net sales	$	9,700
Cost of goods sold		(8,000	)
Gross profit	$	1,700
Operating expense		(590	)
Operating income	$	1,110
Other income		170
Net interest expense		(200	)
Pretax income	$	1,080
Income tax		(260	)
Net income	$	820
Earnings per share	$	2.00
Shares outstanding		410,000
Recent price	$	27.00

Kiwi Fruit Company Cash Flow Statement
Net income	$	820
Depreciation and amortization		216
Increase in operating assets		(110	)
Decrease in current liabilities		(108	)
Operating cash flow	$	818
Net (purchase) sale of property	$	210
Increase in other assets		(75	)
Investing cash flow	$	135
Net (redemption) issuance of LTD	$	(201	)
Dividends paid		(186	)
Financing cash flow	$	(387	)
Net cash increase	$	566

Calculate ROA and ROE for Kiwi Fruit and interpret these ratios. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "$" sign in your response.)

ROA	%
ROE	%