East Point Retail, Inc. sells professional wornen's applarel throogh company-owned retail stores. Recent financial information for East Point is provided below (ait numbers in thousends). Assume the apparel industry averoge retum en total assets is 8.0%, and the average return on stockholbers' equity is 15.0% for the year ended Agni 2, Yoat 3. a. Detertune the retiurn on total assets for Last Point for fictal Yeass 2 and 3 . Poond to one decimal place. Fiscal Your 3 Fincil Yese 2 th. Determine the retum on stockholden' equity for East Point for fiscal Yeers 2 and 3. Round to one decimal place. Fiscal Yent 3 Fiscal Year ? c. The return on stocktolders' equity in the return on total astets due to the d. During fiscal Year 3, East foim vresults were compared to the industry average, The return on total assets for East Point was the industry aversge. The return on stockhalbers' equity was than the industry werege. These relationthips suggest that East Point has leverage than the industy, on average