Following are summary financial statement data for Logitech International.

$ thousands FY$3$ FY$2$ FY$1$

Sales $$13,154,642$ $$12,605,470$ $$7,142,042$

Net income $1,546,8312,273,4171,079,335$

Total assets $9,684,9729,941,7075,672,338$

Equity $5,756,9715,428,2943,574,243$

Required

a$.$ Compute the return on assets $($ROA$),$ profit margin $($PM$),$ and asset turnover $($AT$)$ for FY$3$ and FY$2.$ Round any intermediate calculations to the nearest whole dollar amount.

Numerator Denominator Result

Return on assets $($ROA$)$

FY$3$ Answer $1$

$0$

Answer $2$

$0$

FY$2$ Answer $3$

$0$

Answer $4$

$0$

Profit margin $($PM$)$

FY$3$ Answer $5$

$0$

Answer $6$

$0$

FY$2$ Answer $7$

$0$

Answer $8$

$0$

Asset turnover $($AT$)$

FY$3$ Answer $9$

$0$

Answer $10$

$0$

FY$2$ Answer $11$

$0$

Answer $12$

$0$

b$.$ Which component of ROA $($profit margin or asset turnover or both$)$ drove the Answer $13$

in ROA in FY$3?$ Answer $14$

c$.$ Compute the return on equity $($ROE$)$ for FY$3$ and FY$2.$ Round any intermediate calculations to the nearest whole dollar amount.

Numerator Denominator Result

Return on equity $($ROE$)$

FY$3$ Answer $15$

$0$

Answer $16$

$0$

FY$2$ Answer $17$

$0$

Answer $18$

$0$

d$.$ Logitech repurchased common shares in FY$3$ at a cost of $$988,853$ thousand. Did this repurchase increase or decrease the company$$s ROE? Answer $19$

e$.$ What would the company$$s FY$3$ ROE have been had the company not repurchased $$988,853$ thousand of common stock during the year? Assume the repurchase had no effect on net income. Round percentage to one decimal place. $($Ex: $31\mathrm{.}6\%)$ Answer $20$

$0$

$\%$