North/South Airlines generated the following information from its financial statement:

1.PE Ratio 15 2.Common stock market price per share $30 3.Fixed asset turnover equals 8.0 4. Current ratio is 5.0 5. Current liabilities equal $300,000 6. Net profit margin 4% 7. 60,000 shares of common stock outstanding

What is a.Return on assets ROA and b.Total asset turnover