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In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $ 1 to go buy

In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $1 to go buy $33 worth of groceries, then your child makes about twice as much on the trip as we do. Youve collected the following information from the grocery chains financial statements:In response to complaints about high prices, a grocery chain runs the following advertising campaign: "If you pay your child $1 to go
buy $33 worth of groceries, then your child makes about twice as much on the trip as we do." You've collected the following
information from the grocery chain's financial statements:
a. What is the child's profit margin?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
b. What is the store's profit margin?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
c. What is the store's ROE?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
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