Ann Taylor Retail, Inc., sells professional women's apparel through company-owned retail stores. Recent financial information for Ann Taylor is provided below (all numbers in thousands).

Assume the apparel industry average rate earned on total assets is 5.0%, and the average rate earned on stockholders' equity is 8.0% for the year ended February 2, 2008 (fiscal year 2007).
a. Determine the rate earned on total assets for Ann Taylor for the fiscal years ended February 2, 2008, and February 3, 2007. Round to one digit after the decimal place.
b. Determine the rate earned on stockholders' equity for Ann Taylor for the fiscal years ended February 2, 2008, and February 3, 2007. Round to one decimal place.
c. Evaluate the two-year trend for the profitability ratios determined in (a) and (b).
d. Evaluate Ann Taylor's profit performance relative to theindustry.

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Fiscal Year Ended February 2, 2008 $97,235 February 3, 2007 $142,982 Net income Interest expense 2,172 2,230 February 2, 2008 $1,393,755 February 3, 2007 $1,568,503 1,049,911 January 28, 2006 $1,492,906 1,034,482 Total assets Total stockholders equity 839,484