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Mssume the apparel industry ayerage return on fotal assets is 8.0%s, and the average return on stockholders' equity is 15.0% for the year ended Apri

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Mssume the apparel industry ayerage return on fotal assets is 8.0\%s, and the average return on stockholders' equity is 15.0% for the year ended Apri 2 . Year 3. a. Determine the rebum on total assets for East Poent for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fileal Year 2 b. Detertwine the rebam on stockholders' equity for caut point for fiscal Years 2 and 2 . dound to one decimai place. c. The retum on stockhoiders' eouity is d. During fical Year 3, fast Eolet's resuits were the return on total assets due to the He of litverage than the induury averade. The feturn on steckodders' equity ats Cast Foint has: inverage than the industry. on average

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