Computing Return on Equity and Return on Assets The following table contains financial statement information for OMV Group, which is a petrochemical company headquartered in Vienna. euros millions 2018 2017 2016 22,930 20,222 19,260 2015 Sales Net profit (Loss) Assets Equity 3,298 36,961 15,342 1,486 (230) 31,576 32,112 32,664 14,334 13,925 14,298 Required a. What was OMV Group's return on assets (ROA) for 2016, 2017, and 2018? b. Determine its profit margin (PM) for each of the three years 2016-2018. c. Determine its asset turnover (AT) for each of the three years 2016-2018. Notes: Round ROA and PM answers to one decimal place (ex: 0.2345 = 23.5%). Round AT answers to two decimal places (ex: 0.56789 = 0.57). . Use negative signs with answers, when appropriate. 2018 2017 2016 Return on assets (ROA) Profit margin (PM) 8.9 % * 14.4 % 4.7 % 7.3% (0.7) 9 (1.2) 96 Asset turnover (AT) 0.62 x 0.64 0.6 x d. What factor is mainly responsible for the change in OMV'S ROA from 2016 to 2017? Is it profit margin or asset turnover or both? Profit margin e. What factor is mainly responsible for the change in OMV's ROA from 2017 to 2018? Is it profit margin or asset turnover or both? Profit margin f. Determine OMV Group's return on equity (ROE) for each of the three years 2016-2018. Notes: Round ROE answers to one decimal place (ex: 0.2345 = 23.5%). Use negative signs with answers, when appropriate. Return on equity (ROE) 2018 21.5% x 2017 2016 10.4% x (1.7) % x