Assume the following relationships for the Caulder Corp.:

Sales/Total assets	2.3x
Return on assets (ROA)	7%
Return on equity (ROE)	14%

a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places.

_____%

b.Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places.

_____%