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Profitability Ratios East Point Retail, Inc.y sells apparel through company-owned retall stores. Financial information for East Point follows (in thousands): Assume the apparel industry average

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Profitability Ratios East Point Retail, Inc.y sells apparel through company-owned retall stores. Financial information for East Point follows (in thousands): 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 Eask Point for fiscal Years 2 and 3. Round your answers to one decimal place. Fiscol Year 3 Fiscal Yest 2 b. Determine the return on stockholders' equity for East Point for fiscat Years 2 and 3 , Round your answers to one decimal place. Fiscal Year 3 x Fiscal Year 2 x=

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