Data for Lozano Chip Company and its industry averages follow.

Lozano Chip Company: Balance Sheet as of December $31,2021$

$($Thousands of Dollars$)$

Lozano Chip Company: Income Statement for Year Ended December $31,$

$2021$

$($Thousands of Dollars$)$

Sales

Cost of goods sold

Selling, general, and administrative expenses

Earnings before interest and taxes $($EBIT$)$

Interest expense

Earnings before taxes $($EBT$)$

Federal and state income taxes $(25\%)$

Net income

a$.$ Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places.

For the firm, ROE is

$\%.$

For the industry, ROE is

$\%.$