The financial statements for Castile Products, Inc., are given below:

Castile Products, Inc. Balance Sheet December 31
Assets
Current assets:
Cash				$	22,000
Accounts receivable, net					250,000
Merchandise inventory					350,000
Prepaid expenses					7,000
Total current assets					629,000
Property and equipment, net					870,000
Total assets				$	1,499,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities				$	230,000
Bonds payable, 10%					360,000
Total liabilities					590,000
Stockholders equity:
Common stock, $10 par value				$	200,000
Retained earnings					709,000
Total stockholders equity					909,000
Total liabilities and stockholders' equity				$	1,499,000

Castile Products, Inc. Income Statement For the Year Ended December 31
Sales	$	2,110,000
Cost of goods sold		1,220,000
Gross margin		890,000
Selling and administrative expenses		590,000
Net operating income		300,000
Interest expense		36,000
Net income before taxes		264,000
Income taxes (30%)		79,200
Net income	$	184,800

Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $290,000. All sales were on account. Assets at the beginning of the year totaled $1,060,000, and the stockholders equity totaled $655,000.

Required:

Compute the following:

Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

Return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)