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


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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