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Ladders, Inc. has a net profit margin of 5.5 %5.5% on sales of $ 50.1$50.1 million. It has book value of equity of $ 40.4$40.4

Ladders, Inc. has a net profit margin of

5.5 %5.5%

on sales of

$ 50.1$50.1

million. It has book value of equity of

$ 40.4$40.4

million and total book liabilities of

$ 30.2$30.2

million. What isLadders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero.

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