Profitability Ratios East Point Retail, Inc., sells professional women's apparel through company-owned retail stores. Recent financial information for East Point is provided below (all numbers in thousands). Net income Interest expense Fiscal Year 3 Fiscal Year 2 $163,000 $84,000 3,300 12,500 Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 $3,770,756 1,311,951 Total assets (at end of fiscal year) Total stockholders' equity (at end of fiscal year) $3,964,128 1,338,455 $3,377,392 958,319 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 2, Year 3. a. Determine the return on total assets for East Point for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fiscal Year 2 % % b. Determine the return on stockholders' equity for East 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 greater than the return on total assets due to the positive use of leverage. d. During fiscal Year 3, East Point's results were weak industry average. The return on stockholders' equity was less than the industry, on average. compared to the industry average. The return on total assets for East Point was less than the industry average. These relationships suggest that East Point has less than the leverage