Ann Taylor Retail, Inc., sells professional women??s apparel through company owned retail stores. Recent financial information for Ann Taylor is provided below (all numbers in thousands).

Assume the apparel industry average rate earned on total assets is 8.2%, and the average rate earned on stockholders?? equity is 10.0% for year 3. a. Determine the rate earned on total assets for Ann Taylor for Years 3 and 2. Round to one digit after the decimal place.b. Determine the rate earned on stockholders?? equity for Ann Taylor for Year 3 and 2. Round to one decimal place.c. Evaluate the two-year trend for the profitability ratios determined in (a) and (b).d. Evaluate Ann Taylor??s profit performance relative to theindustry.

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Year 3 Year 2 $81,872 2,083 $142,982 2,230 Net income Interest expense Year 2 Year 3 Year 1 $1,492,906 1,034,482 $1,327,338 926,744 Total assets $1,568,503 1,049,911 Total stockholders' equity