Profitobilty Ratios East Point Retail, Inc., sells apparel through company-owned retall stores. Financial information for East Point follows fin 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 Apri 2 , Year 3. a. Determine the return on total assets for East foint for fiscal Years 2 and 3 . Round your answers to one decimal place. b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3 . Round your answers to one deeimal place. Fiscal Year 1 Fiscal vear 2 c. The return on stockholders' equity is the feturn on total assets due to the use of leverage. d. During fiscal Year 3, East Point's resuits were compared to the industry average. The return on total assets for East Point was the industry arverage. The return on stockholders' equity was than the industry average. These relationships suggest that East Point has. leverage than the industry, on average