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East Point, Inc., sells merchandise through company-owned retail stores and Internet Web sites. Recent financial information for East Point is provided below (all numbers in

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East Point, Inc., sells merchandise through company-owned retail stores and Internet Web sites. Recent financial information for East Point is provided below (all numbers in millions). a. Determine the rate earned on total assets for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place. Year 3 11.18 Year 2 6.27 b. Determine the rate earned on stockholders' equity for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place. Year 3 12.67 Year 2 6.65

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