Profitability Ratios East Point Retail, Inc., sells professional women's apparel through company-owned retail stores. Recent financial informa numbers in thousands). Fiscal Year 3 Fiscal Year 2 Net income Interest expense $130,000 $67,000 2,700 10,000 Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 Total assets (at end of fiscal year) $2,193,831 Total stockholders' equity (at end of fiscal year) 1,033,858 $2,086,815 1,013,386 $1,861,903 749,772 Assume the apparel industry average return on total assets is 8.0%, and the average return on stockholders' equity is 15.0% 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 the return on total assets due to the use of le d. During fiscal Year 3, East Point's results were East Point has than the industry average. The return on stockholders' equity was leverage than the industry, on average. compared to the industry average. The return on total ass than the industry av All work saved. E