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

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