Question 12 Answer saved Marked out of 10.00 Flag question Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement data for Logitech International for 2016 through 2018. $ thousands Sales 2018 2017 2016 $2,695,206 $2,332,498 $2,119,005 198,115 195,582 113,351 Net income Total assets 2,004,631 1,723,479 1,522,769 Equity 1,103,085 898,917 797,945 a. Compute the return on assets (ROA) for 2018 and 2017. Round answers to one decimal place (ex: 0.2345 = 23.5%). 2018 9.9% 2017 11.3% b. Compute the profit margin (PM) for 2018 and 2017. Round answers to one decimal place (ex: 0.2345 = 23.5%). 2018 7.4% 2017 8.4% c. Compute the asset turnover (AT) for 2018 and 2017. Round answers to two decimal places. 2018 2017 94 93.9