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In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $3 to go buy $100

In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $3 to go buy $100 worth of groceries, then your child makes twice as much on the trip as we do. Youve collected the following information from the grocery chains financial statements:

($ in millions)
Sales $ 760.0
Net income 11.4
Total assets 400.0
Total debt 270.0

a. Child's profit margin %
Store's profit margin %
b. Store's ROE %
a. What is the profit margin for the child as a percentage of what they spend and the profit margin for the store? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What is the store's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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