Ralph Lauren Corp. sells men's apparel through company-owned retail stores. Recent financial information for Ralph Lauren is provided below (all numbers In thousands). Assume the apparel industry average rate earned on total assets is 8.0%, and the average rate earned on stockholders' equity is 10.0% for the year ended April 2, Year 3. Determine the rate earned on total assets for Ralph Lauren for fiscal years 2 and 3. Round to one decimal place. Determine the rate earned on stockholders' equity for Ralph Lauren for fiscal years 2 and 3. Round to one decimal place.. The rate earned on stockholders' equity is greater than the rate earned on total assets due to the positive use of During fiscal Year 3, Polo Ralph Lauren's results were compared to the industry average. These relationships suggest that Polo Ralph Lauren has more: leverage than the industry, on average