A grocery chain named Fresh Breeze Grocers runs the following advertising campaign in response to customer complaints about high prices: "If you pay your child $4 to go buy $120 worth of groceries, then your child makes twice as much on the trip as we do." You've collected the following information from Fresh Breeze Grocers' financial statements (in millions): Financial Data Amount ($) Sales $840 Net Income $12.6 Total Assets $450 Total Debt $290 1. What is the profit margin for children as a percentage of what they spend and the profit margin for the store? 2. What is the store's ROE (Return on Equity)?

In response to complaints about high prices, a grocery chain runs the following advertising campaign: “If you pay your child $1 to go buy $32 worth of groceries, then your child makes about twice as much on the trip as we do.” You’ve collected the following information from the grocery chain’s financial statements:                                      (millions)   Sales $ 764.00     Net income   11.95     Total assets   345.00     Total debt   155.00         a. What is the child’s profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)   b. What is the store’s profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the store's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

M In response to complaints about high prices, a grocery chain runs the following advertising campaign:"If you pay your child $1 to go buy $31 worth of groceries, then your child makes about twice as much on the trip as we do." You've collected the following information from the grocery chain's financial statements: (in millions) Sales Net income Total assets Total debt $ 780.00 12.75 a. Child's profit margin b. Store's profit margin c. Store's ROE 385.00 159.00 a. What is the child's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the store's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. c. What is the store's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. %

In response to complaints about high prices, a grocery chain runs the following advertising campaign: "If you pay your child $3 to go buy $100 worth of groceries, then your child makes twice as much on the trip as we do." You've collected the following information from the grocery chain's financial statements: (millions) Sales $700 Net income $10.5 Total assets $380 Total debt $250 1. What is the profit margin for children as a percentage of what they spend and the profit margin for the store? 2. What is the store's ROE?