Question: Round answer to 4 decimal places What is the Return on Equity (ROE) for 2016? What is the Return on Assets (ROA) for 2016? begin{tabular}{|l|r|r|}

Round answer to 4 decimal places

Round answer to 4 decimal places What is the Return on Equity(ROE) for 2016? What is the Return on Assets (ROA) for 2016?

What is the Return on Equity (ROE) for 2016? What is the Return on Assets (ROA) for 2016? \begin{tabular}{|l|r|r|} \hline & \multicolumn{1}{|l|}{2015} & \multicolumn{1}{|c|}{2016} \\ \hline \multicolumn{1}{|c|}{ Assets } & & \\ \hline Cash & $45.00 & $50.00 \\ \hline A/R & $383.00 & $196.00 \\ \hline Inventory & $277.00 & $152.00 \\ \hline \multicolumn{1}{|r|}{ Total } & $705.00 & $398.00 \\ \hline Net Fixed Assets & $1,000.00 & $1,200.00 \\ \hline Total Assets & $1,705.00 & $1,598.00 \\ \hline \multicolumn{1}{|c|}{ Liabilities } & & \\ \hline Accounts Payable & $113.00 & $204.00 \\ \hline Notes Payable & $150.00 & $125.00 \\ \hline \multicolumn{1}{|r|}{ Total } & $263.00 & $329.00 \\ \hline Long-Term Debt & $500.00 & $750.00 \\ \hline Common Stock & $400.00 & $400.00 \\ \hline Retained Earnings & $542.00 & $119.00 \\ \hline & $1,705.00 & $1,598.00 \\ \hline & & \\ \hline \multicolumn{1}{|r|}{ Sales } & & \\ \hline Sales & & $2,872.00 \\ \hline Cost of Goods Sold & & $2,297.60 \\ \hline Depreciation & & $200.00 \\ \hline EBIT & & $374.40 \\ \hline Interest & & $40.00 \\ \hline Taxes & $149.76 \\ \hline Net Income & $184.64 \\ \hline \end{tabular}

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