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. $

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 2018 2017 2016 Sales $2,566,863 $2,221/427 $2,018,100 Net Income 208,542 205,876 119,317 Total assets 1,743,157 1,498,677 1,324,147 Equity 1,050,557 856,111 759,948 a. Compute the return on assets (ROA) for 2018 and 2017 Round answers to one decimal place (ex: 0.2345 = 23.5%). 2018 2017 0 % 0% b. Compute the profit margin (PM) for 2018 and 2017. Round answers to one decimal place (ex: 0.2345 = 23.5%). 2018 2017 0% 0% c. Compute the asset turnover (AT) for 2018 and 2017 Round answers to two decimal places. 2018 2017 d. Which component of ROA (profit margin or asset turnover or both) drives the change in ROA in 2018? e Compute the return on equity (ROE) for 2018 and 2017 Round answers to one decimal place (ex: 0.2345 - 23,5%). 2018 0% 2017 OM
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