Computing Return on Equity and Return on Assets The following table contains financial statement information for $ millions Total Assets Net Income Sales Equity 2018 $197,366 $5,336 $255,165 $65,246 2017 184,070 7,890 247,881 70,082 2016 178,943 10,914 240,659 70,018 a. Compute return on equity (ROE) for the two recent years. b. Compute return on assets (ROA) for the two recent years. c. Compute profit margin (PM) for the two recent years. d. Compute asset turnover (AT) for the two recent years. Round ROE, ROA and PM to one decimal place (example: 0.2345 = Round AT to two decimal places (example: 1.35). 2018 2017 ROE 96 96 ROA 96 96 PM 96 96 e. Which of the following best explains the change in ROA during 2018? Type here to search Esc 51x