Question: Calculate ROA and ROE for Kiwi Fruit. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) ROA______% ROE________%

 Calculate ROA and ROE for Kiwi Fruit. (Do not round intermediate

Calculate ROA and ROE for Kiwi Fruit. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

ROA______%

ROE________%

Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets $ 620 800 3,200 185 $4,805 $1,040 1,635 195 Current liabilities Long-term debt Other liabilities Total liabilities Paid in capital Retained earnings Total equity $415 1,520 $ 1,935 $4,805 Total liabilities and equity Kiwi Fruit Company Income Statement Net sales Cost of goods sold Gross profit Operating expense Operating income Other income Net interest expense Pretax income Income tax Net income $8,100 6,700 $1,400 400 $1,000 180 200 $980 (270) 710 Earnings per share Shares outstanding Recent price $2.00 355,000 $33.00 Kiwi Fruit Company Cash Flow Statement Net income Depreciation and amortization Increase in operating assets $ 710 212 (120) 128 $ 674 Decrease in current liabilities Operating cash flow Net (purchase) sale of property Increase in other assets Investing cash flow $ 220 77) $ 143 Net (redemption) issuance of LTD Dividends paid Financing cash flow Net cash increase $ (203) (190) $ (393) 424

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