Ladders$,$ Inc. has a net profit margin of $5\mathrm{.}4\%$ on sales of $$$$51\mathrm{.}1$ million. It has book value of equity of $$$$39\mathrm{.}4$ million and total book liabilities of $$$$30\mathrm{.}6$ million. What is Ladders$\text{'}$ROE$?$ ROA? Note$$: Assume the value of interest expense is equal to zero.

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Part $1$

What is Ladders$\text{'}$ROE$?$

Ladders$\text{'}$ ROE is

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enter your response here$\%.($Round to two decimal$$ places.$)$