You are an investor of Pepper Corp who recently released their annual report. From the income statement you can see that the company has achieved a net income of EUR 4.46 million. The book value of equity is EUR 24.52 million. The company’s Debt-Equity Ratio is 0.45. The current interest rate for debt payments is 4.00%. 

Compute both the ROA (Return on Asset) and ROE (Return on Equity) and express them in Percentages.

Hint: work in your calculations with precise numbers (no rounding) and round only the end result to two decimal places.