For Questions 2 and 3, consider these financial statements for SmallCo:

Question 2:

What is SmallCo's annualized Q2 ROE?

Question 3:

What is the company's TTM ROA?

a.0.34

b.Not enough info is provided to answer this question.

c.0.35

d.0.63

Quarter TTM Smallco Balance Sheet ($K) Cash Q2 Q4 50.00 Q3 49.50 Q1 49.01 49.01 49.01 AR 9.80 9.60 9.80 9.80 5.15 Inventory net PPE Total Assets 10.00 5.00 50.00 115.00 5.00 49.00 113.30 5.05 48.51 112.17 5.15 47.54 47.54 111.49 111.49 15.00 15.00 15.00 14.70 14.70 15.00 15.30 15.30 15.30 AP Other Current Liabilities Debt (all long term) Total Liabilities Equity 20.00 20.20 20.20 15.00 20.00 50.00 65.00 19.80 49.80 50.30 50.20 50.20 61.29 63.50 61.87 61.29 TTM Smallco Income Statement ($K) Revenue Quarter Q3 Q4 Q2 Q1 100.00 402.00 100.00 68.60 COGS 70.00 100.00 67.91 20.20 273.07 102.00 66.56 20.20 15.24 SGA EBT Tax 20.00 10.00 2.00 20.00 11.40 11.89 80.40 48.53 9.70 2.30 3.00 2.40 9.49 Net Income 8.00 9.10 12.24 38.83