East Point Retail, Inc., sells professional women's apparel through company-owned retail stores. Recent financial information for East Point is providec below (all numbers in thousands). Assume the apparel industry average retum on total assets is 8.0%, and the average return on stockholders equity is 15.0% for the year ended April 2 , Year 3. a. Determine the retum on total assets for East Point for fiscal Years 2 and 3 . Round to one decimal place. b. Determine the return on stockholders' equity for Fast Point for fiscal Years 2 and 3 , Round to one decimal place. Fiscal Year 3 Fiscal year 2 C. The return on stockholders' equity is the return on total assets due to the use of leverage. d. During fiscal year 3 , East Point's results were: compared to the industry average. The return on totat assete for East Point was Assume the apparel industry average return on total assets is 8.0%, and the average return on stockholders' equity is 15.0% for the year ended April Year 3. a. Determine the retum on total assets for East Point for fiscal Years 2 and 3. Round to one decimal place. b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3. Found to one decimal place. Fiscal Year 3 Fiscal Year 2 c. The return on stockholders' equity is the return on total assets due to the use of leverage. d. During fiscal Year 3, East Point's resuits were compared to the industry average. The return on total assets for East Point than the industry average, The return on stockholders' equity was than the industry average. These relationships suggest that East Point has leverage than the industry, on average