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East Point, Inc., sells merchandise through company-owned retail stores and an Internet Website. Recent financial information...

East Point, Inc., sells merchandise through company-owned retail stores and an Internet Website. Recent financial information for East Point is provided below (all numbers in millions).

Year 3 Year 2
Net income $150,100 $77,300
Interest expense 3,100 11,600
Year 3 Year 2 Year 1
Total assets $2,013,206 $1,915,000 $1,713,572
Total stockholders' equity 1,060,146 1,039,154 823,496

a. Determine the return on total assets for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place.

Year 3 ? %
Year 2 ? %

b. Determine the return on stockholders' equity for East Point for the fiscal Years 2 and 3. Round your percentage answers to one decimal place.

Year 3 ? %
Year 2 ? %
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