Lindas Clothing is a retailer of contemporary womens clothing. Selected financial information for Lindas appears below:

	Year 3	Year 2	Year 1
Net Income	$56,759	$31,150	$15,375
Total Assets at year-end	$381,500	$246,250	$145,490
Weighted Average number of shares
Outstanding	84,215	80,546	77,965
Total Liabilities at year-end	205,967	119,657	60,522
Common Stockholders' Equity at year-end	$175,533	$126,593	$84,968
Interest Expense	165	195	258

Required:

a.	Compute the rate of return on assets for the years 1 to 3. Lindas has an effective tax rate of 35%. Please consider the effect of interest expense to calculate ROA. Show your calculations.
b.	Compute the rate of return on common shareholders equity for the years 1 to 3. Show your calculations.
c.	Compute basic earnings per share for the years 1 to 3. Show your calculations.
d.	Interpret the changes in ROA versus ROCE and EPS over the three-year period.