Question: Please Show Work and round correctly to decimal places requested. The Buffalo Manufacturing Company has total assets of $5 million, an asset turnover of 2.3

Please Show Work and round correctly to decimal places requested.

Please Show Work and round correctly to decimal places requested. The Buffalo

The Buffalo Manufacturing Company has total assets of $5 million, an asset turnover of 2.3 times, and a net profit margin of 14.1% a. What is Buffalo's return on assets? b. Find Buffalo's ROE, given that 35.9% of the assets are financed with stockholders' equity a. Buffalo's return on assets (ROA) is | %. (Round to two decimal places.) b. Given hat 35.9% of he assets are financed with stockholders' equity, Buffalo's return on equity ROE is % Round to two decimal places. Enter your answer in each of the answer boxes

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