The following information pertains to Austin, Incorporated and Huston Company:

Account Title	Austin	Huston
Current assets	$ 65,000	$ 52,500
Total assets	400,000	400,000
Current liabilities	19,500	26,250
Total liabilities	250,000	315,000
Stockholders equity	150,000	85,000
Interest expense	15,000	17,500
Income tax expense	30,000	28,000
Net income	62,000	61,500

b. Compute each companys return-on-equity ratio and return-on-assets ratio. Use EBIT instead of net income when computing the return-on-assets ratio.

Note: Round your answers to 1 decimal places.

Note: Round your answers to 1 decimal places