Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement...

 

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Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement data for Logitech International for 2016 through 2018. Required $ thousands 2018 2017 2016 Sales.. $2,566,863 $2,221,427 $2,018,100 Net income 208,542 Total assets 1,743,157 205,876 1,498,677 119,317 1,324,147 Equity 1,050,557 856,111 759,948 a. Compute the return on assets (ROA) for 2018 and 2017. b. Compute the profit margin (PM) for 2018 and 2017. c. Compute the asset turnover (AT) for 2018 and 2017. Computing, Analyzing, and Interpreting Return on Equity and Return on Assets Following are summary financial statement data for Logitech International for 2016 through 2018. Required $ thousands 2018 2017 2016 Sales.. $2,566,863 $2,221,427 $2,018,100 Net income 208,542 Total assets 1,743,157 205,876 1,498,677 119,317 1,324,147 Equity 1,050,557 856,111 759,948 a. Compute the return on assets (ROA) for 2018 and 2017. b. Compute the profit margin (PM) for 2018 and 2017. c. Compute the asset turnover (AT) for 2018 and 2017.