Question: Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net

Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net Income Sales Equity FY3 $185,727 $23,200 $116,609 $125,713 FY2 $165,987 $39,370 $117,929 $124,879 FY1 $159,316 $26,146 $85,965 $128,290 Required a. Compute the following ratios for the two most recent years. NOTE: Round any intermediate calculations to the nearest whole dollar amount. Ratios Numerator Denominator Result Return on equity (ROE) FY3 Answer 1 0 Answer 2 0 FY2 Answer 3 0 Answer 4 0 Return on assets (ROA) FY3 Answer 5 0 Answer 6 0 FY2 Answer 7 0 Answer 8 0 Profit margin (PM) FY3 Answer 9 0 Answer 10 0 FY2 Answer 11 0 Answer 12 0 Asset turnover (AT) FY3 Answer 13 0 Answer 14 0 FY2 Answer 15 0 Answer 16 0 b. Which of the following best explains the change in ROA during FY3? Answer 17 Please answer all parts of the question. which of the following best explains the change in ROA durig FY#

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