Ladders, Inc. has a net profit margin of $5\mathrm{.}7\%$ on sales of $$48\mathrm{.}6$ million. It has book value of equity of $$40\mathrm{.}8$ million and total book liabilities of $$30\mathrm{.}5$ million. What is Ladders' ROE? ROA? Note: Assume the value of interest expense is equal to zero.

What is Ladders' ROE?

Ladders' ROE is $\%.($Round to two decimal places.$)$