In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $9 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: (millions) Sales $ 560.0 Net income 25.2 Total assets 460.0 Total debt 330.0 What is the profit margin for 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.) Profit margin Child % Store % 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.) ROE % rev: 02_03_2016_QC_CS-40299

In response to complaints about high prices, a grocery chain runs the following advertising campaign: "if you pay your child $9 to go buy $100 worth of groceries, then your child makes twice as much on the trip as we do." You've collected the following information from the grocery chain's financial statements: (millions) Sales Net income Total assets Total debt $560.0 25.2 460.0 330.0 What is the profit margin for 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.) Profit margin Child Store 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.) ROE