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East Point Retail, Inc., sells apparel through corropany-owned retail stores. Financial information for East. Point follows (in thousands): Assume the apporel industry average return on

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East Point Retail, Inc., sells apparel through corropany-owned retail stores. Financial information for East. Point follows (in thousands): Assume the apporel industry average return on total assets is 8.0%, and the average return on stockholders equity is 15.0% for the year ended Apri 2, Year 3. a. Determine the recum on totat assets for East Point for fiscal Years 2 and 3. Round your answers to one decimat place. b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3. Round your answers to one decimal place. Fiscal Year 3 Fiscel Year 2 %

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