Consider the income statement for GHI Solutions for the fiscal year ending December 31, 2023, to analyze its Return on Equity (ROE) and Return on Assets (ROA).

GHI Solutions Income Statement	Year Ended December 31, 2023
Revenue
Product Sales	$900,000
Service Revenue	$200,000
Total Revenue	$1,100,000
Expenses
Cost of Goods Sold	$500,000
Operating Expenses	$300,000
Depreciation Expense	$60,000
Interest Expense	$20,000
Income Tax Expense	$80,000
Total Expenses	$960,000
Net Income	$140,000
Total Assets	$1,200,000
Total Equity	$800,000

Questions:

1. Compute the Return on Equity (ROE) and explain its importance in evaluating the profitability relative to shareholders' equity.
2. Calculate the Return on Assets (ROA) and discuss its significance in assessing how efficiently the company uses its assets to generate profit.