Profitability Ratios Ralph Lauren Corporation sells apparel through company-owned retail stores. Recent financial information for Ralph Lauren follows (in thousands): Fiscal Year 3 Fiscal Year 2 Net income (loss) $162,800 $(99,300) 12,400 Interest expense 18,200 Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 $6,143,300 $5,652,000 $6,213,100 Total assets (at end of fiscal year) Total stockholders' equity (at end of fiscal year) 3,457,400 3,299,600 3,743,500 Assume that the apparel industry average return on total assets is 11.4% and the average return on stockholders' equity is 26.4% for the year ended April 2, Year 3. a. Determine the return on total assets for Ralph Lauren for fiscal Years 2 and 3. Round percentages to one decimal place. If required, use a minus sign to indicate a negative return on total assets. Fiscal Year 3 2.8 X % Fiscal Year 2 -1.7 X % b. Determine the return on stockholders' equity for Ralph Lauren for fiscal Years 2 and 3. Round percentages to one decimal place. If required, use a minus sign to indicate a negative return on stockholders' equity. Fiscal Year 3 4.8 % Fiscal Year 2 -2.8 % the return on total assets due to the positive use of c. In Fiscal Year 3, the return on stockholders' equity is greater than leverage