In 2018, FedEx had total assets of $52.7 billion, an asset turnover ratio of 1.51 times, and a net profit margin of 8.2%.

a. What is FedEx's return on assets?

b. Find FedEx's ROE, given that 44.6% of the assets are financed with stockholders' equity.

a. FedEx's return on assets (ROA) is ( )%. (Round to two decimal places.)

b. Given that 44.6% of the assets are financed with stockholders' equity, FedEx's return on equity (ROE) is ( ) %. (Round to two decimal places.)