Reference no: EM132992420

Question - DeBauge Realtors Inc. is a realty firm owned by Jeff and Kristi DeBauge. The DeBauge family owns 100% of the corporation's stock. The following summarized data (in thousands) are taken from the December 31, 2019 financial statements:

For the Year Ended December 31, 2019:

Commissions revenue $143

Cost of services provided 59

Advertising expense 31

Operating income $53

Interest expense 4

Income tax expense 16

Net income $33

At December 31, 2019: Assets

Cash and short-term investments $32

Accounts receivable, net 43

Property, plant, and equipment, net 123

Total assets $198

Liabilities and Stockholders' Equity

Accounts payable $92

Income taxes payable 10

Notes payable (long term) 47

Paid-in capital 24

Retained earnings 25

Total liabilities and stockholders' equity $198.

At December 31, 2018, total assets were $202 and total stockholders' equity was $49. There were no changes in notes payable or paid-in capital during 2019.

Calculate ROI (including margin and turnover) and ROE for the year ended December 31, 2019.