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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 $33

image text in transcribed 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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