Computing, Analyzing, and Interpreting Return on Equity and Return on Assets

Following are summary financial statement data for Logitech International.

Required

a$.$ Compute the return on assets $($ROA$),$ profit margin $($PM$),$ and asset turnover $($AT$)$ for FY$3$ and FY$2.$ Round any intermediate calculations to the nearest whole dollar amount.

b$.$ Which component of ROA $($profit margin or asset turnover or both$)$ drove the

decrease ${}^{}$

in ROA in FY$3?$

Profit margin

c$.$ Compute the return on equity $($ROE$)$ for FY$3$ and FY$2.$ Round any intermediate calculations to the nearest whole dollar amount.

d$.$ Logitech repurchased common shares in FY$3$ at a cost of $$412,022$ thousand. Did this repurchase increase or decrease the company's ROE?