Skaxo has annual sales of $847,000, total debt of $179,500, total equity of $387,000, and a profit margin of 5.00 percent. What is the return on assets? ENTER YOUR ANSWER AS A PERCENTAGE WITH ONE DECIMAL PLACE (e.g., 12.1) AND NOT AS A DECIMAL (e.g., 0.121). ROUND TO THE NEAREST TENTH OF A PERCENT. DO NOT USE THE PERCENT SIGN (%) IN YOUR ANSWER.

Skaxo has $680,600 in sales. The profit margin is 9.00 percent and the firm has 14,300 shares of stock outstanding. The market price per share is $46.25. What is the price-earnings ratio? Round to two decimals