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Profitability Metrics East Point, Inc., sells merchandise through company-owned retail stores and Internet Web sites. Recent financial information for East Point is provided below (all

Profitability Metrics

East Point, Inc., sells merchandise through company-owned retail stores and Internet Web sites. Recent financial information for East Point is provided below (all numbers in millions).

Year 3 Year 2
Net income $135,700 $69,900
Interest expense 2,800 10,400
Year 3 Year 2 Year 1
Total assets $1,631,753 $1,552,155 $1,367,845
Total stockholders' equity 945,221 926,503 576,723

a. Determine the return on total assets for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place.

Year 3 %
Year 2 %

b. Determine the return on stockholders' equity for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place.

Year 3 %
Year 2 %

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