Revenue from Sales 175,000 Cost of goods sold 110,000 Sales, general, and administrative expenses 30,000 Depreciation 11000 EBIT ? Interest Expense 10000 Taxable income ? Taxes (35%) Net income ? Balance sheet (in thousands) in December 2021 Assets Liabilities and Equity Cash 11,000 Accounts payable 12,000 Accounts receivable 11,000 Notes payable 10,000 Inventory 22,000 Total 22,000 Total 44,000 Long-term debt 20.000 Fixed assets 38.000 Owner's Equity 40,000 Total 82,000 Total 82,000 Required: 1 What is the ROE of Luxurious Pizza? 2. A competing firm, Mamma Mia Inc., has been trying to outperform Luxurious Pizza for many years. This year, Mamma Mia has reached a profit margin of 0.05 and total asset turnover of 2, but the ROE is still 85% of Luxurious Pizza's. What is the profit margin and total asset turnover of Luxurious Pizza? In what areas is Luxurious outperforming Mamma Mia? How can Mamma Mia catch up