The following are the financial statements for Sheridan Consumer Products Company for the fiscal year ended September 30, 2017. Sheridan Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017 Net sales $59,740 Cost of products sold 27,957 Gross profit $31,783 Marketing, research, administrative expense 18,500 Depreciation 930 Operating income (loss) $12,353 Interest expense 377 Earnings (loss) before income taxes $11,976 Income taxes Net earnings (loss) 3,706 $8,270 Sheridan Consumer Products Company Balance Sheet as of September 30, 2017 Assets: Liabilities and Equity: Cash and marketable securities $6,300 Accounts payable $3,710 Investment securities 347 Accrued and other liabilities 9,260 Accounts receivable 4,346 Taxes payable 2,910 Inventory 5,200 Debt due within one year 6,210 Deferred income taxes 718 Prepaid expenses and other receivables 1,752 Total current assets $18,663 Total current liabilities $22,090 Property, plant, and equipment, at cost 30,304 Long-term debt 11,410 Less: Accumulated depreciation 8,397 Deferred income taxes 1,690 Net property, plant, and equipment $21,907 Other noncurrent liabilities 2,600 Net goodwill and other intangible assets 27,400 Total liabilities $37,790 Other noncurrent assets 1,940 Convertible Class A preferred stock 1,140 Common stock 2,100 Retained earnings 28,880 Total stockholders' equity $32,120 Total assets $69,910 Total liabilities and equity $69,910 Using the DuPont identity, calculate the return on equity for Sheridan, after calculating the ratios that make up the DuPont identity. (Round ROA and ROE to one decimal place, eg 12.5 or 12.5% and all other answers to 2 decimal places, e.g. 12.55 or 12.55%.) Net Profit margin Total assets turnover ratio times Equity multiplier Return on assets % Return on equity %