Consider the following information for Macaron and Son:

1. Evaluate the company in terms of ROI. (Round ROI to 2 decimal places, e.g. 15.32%.)

2. While income has increased in fiscal 2018, is it clear that the companys performance has improved?

12/31/2017 12/31/2018 $54,224,000 $60,891,000 Noninterest-bearing current liabilities ,072,100 1,300,800 3,338,200 3,464,700 755,360 35% Total assets Net income Interest expense Tax rate 715,100 35%