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Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement data for Logitech International for 2016 through 2018. S

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Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement data for Logitech International for 2016 through 2018. S thousands 2018 2017 2016 Sales $3,336,922 32.887,855 52,623.530 Net Income 246,080 242.934 140,794 Total assets 1.959,767 1.693,505 1,496,286 Equity 1.365.724 1.112,944 987,932 a. Compute the return on assets (ROA) for 2018 and 2017 Round answers to one decimal place (ex: 0.2345 = 23.5%) 2015 2017 b. Compute the profit margin (PM) for 2018 and 2017. Round answers to one decimal place (ex 0.2345 23.5%). 2018 2017 0% Compute the asset turnover (AT) for 2018 and 2017. Round answers to two decimal places 2018 2017 d. Which component of ROA (profit margin or asset turnover or both) drives the change in ROA in 2018? e. Compute the return on equity (ROE) for 2018 and 2017 Round answers to one decimal place (exc 0.2345 = 23.5%). 2018 2017 O ON Logitech repurchased common shares in 2018 at a cost of $30 million Did this repurchase increase or decrease the company's ROE

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