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Ann Taylor Inc. sells professional womenTMs apparel through company-owned retail stores. Recent financial information for Ann Taylor is provided below (all numbers in thousands): Fiscal

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Ann Taylor Inc. sells professional womenTMs apparel through company-owned retail stores. Recent financial information for Ann Taylor is provided below (all numbers in thousands): Fiscal Year Ended Feb. 1, 2003 Feb. 2, 2002 Net income Interest expense $80,158 6,886 $29,105 6,869 Feb. 1, 2003 Feb. 2, 2002 Feb. 3, 2001 Total assets Total stockholders' equity $1,010,826 714,418 $883,166 612,129 5848,115 574,029 An analysis of 70 apparel retail companies indicates an industry average rate earned on total assets of 6% and an average rate earned on stockholdersequity of 7.8% for fiscal 2002. a. Determine the rate earned on total assets for Ann Taylor for the fiscal years ended February 1, 2003 and February 2, 2002. Round to two digits after the decimal place. b. Determine the rate earned on stockholdersTM equity for Ann Taylor for the fiscal years ended February 1, 2003 and February 2, 2002. Round to two digits after the decimal place. c. Evaluate the two-year trend for the profitability ratios determined in (a) and (b). d. Evaluate Ann TaylorTMs profit performance relative to theindustry

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