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Computing and Disaggregating Return on Equity Following are selected balance sheet and income statement information from a recent annual report for a company. $ millions

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Computing and Disaggregating Return on Equity Following are selected balance sheet and income statement information from a recent annual report for a company. $ millions April 2, 2020 March 28, 2019 Income statement information: Sales $26,751 $18,628 Net income 1,624 1,755 Balance sheet information: Total assets 18,639 15,265 Total stockholders' equity 11,232 9,728 Answer the following questions, rounding your answers to two decimal places (for example, enter .46 for .455558). a. Calculate Ralph Lauren's return on equity for the fiscal year ended April 2, 2020. 0 b. Disaggregate return on equity to its DuPont components of activity (profit margin), activity (asset turnover), and leverage (financial leverage). Demonstrate how the product of the components is equal to return on equity. Profit margin * Asset turnover * Financial leverage = Return on equity 0 $ 0 x $ 0 x $ $ 0 0 = 0 $ 0

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