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Question 1 (of 5) 10.00 points In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your

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Question 1 (of 5) 10.00 points In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $7 to go buy $100 worth of groceries, then your child makes twice as much on the trip as we do." You've collected the following information from the grocery chain's financial statements: Sales Net income Total assets Total debt $680.0 23.8 440.0 310.0 What is the profit margin for child as a percentage of what they spend and the profit margin for the store? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g, 32.16) Profit margin Child Store What is the store's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.32.16.) ROE References eBook &Resources 20 FI F2 FS 97

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