Keller Cosmetics maintains an operating profit margin of 8.20% and a sales-to-assets ratio of 3.30. It has assets of $540,000 and equity of $340,000. Assume that interest payments are $34,000 and the tax rate is 35%.

a. what is the return on assets? (enter your answer as a percent rounded to 2 decimal places)

b. what is the return on equity? (enter your answer as a percent rounded to 2 decimal places)