Computing and Disaggregating Return on Equity

Following is selected income statement and balance sheet information from a recent Form $10-$K for Ralph Lauren Corporation.

$ millionsCurrent Fiscal YearPrior Fiscal YearIncome statement information:Sales$$9,450$$$9,739$Net income$495878$Balance sheet information:Total assets$7,7667,633$Total stockholders' equity$4,4764,651$

Answer the following questions.

$$Note: Round to the nearest whole dolllar

a$.$ Calculate return on equity for the current fiscal year.

RatioNumeratorDenominatorResultReturn on equityAnswer $1$Answer $2=$

b$.$ Disaggregate return on equity to its DuPont components of activity $($profit margin$),$ activity $($asset turnover$),$ and leverage $($financial leverage$).$ Demonstrate how the product of the components is equal to return on equity.

RatioNumeratorDenominatorResultProfit marginAnswer $3$Answer $4=$Asset turnoverAnswer $5$Answer $6=$Financial leverageAnswer $7$Answer $8=$Return on equityXX$=$