The following table reports financial statement information for Meta $($Facebook$$s parent company$).$

$ millions Total Assets Net Income Sales Equity

FY$3$ $$185,727$ $$23,200$ $$116,609$ $$125,713$

FY$2$ $$165,987$ $$39,370$ $$117,929$ $$124,879$

FY$1$ $$159,316$ $$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$)$

FY$3$ Answer $1$

$0$

Answer $2$

$0$

FY$2$ Answer $3$

$0$

Answer $4$

$0$

Return on assets $($ROA$)$

FY$3$ Answer $5$

$0$

Answer $6$

$0$

FY$2$ Answer $7$

$0$

Answer $8$

$0$

Profit margin $($PM$)$

FY$3$ Answer $9$

$0$

Answer $10$

$0$

FY$2$ Answer $11$

$0$

Answer $12$

$0$

Asset turnover $($AT$)$

FY$3$ Answer $13$

$0$

Answer $14$

$0$

FY$2$ Answer $15$

$0$

Answer $16$

$0$

b$.$ Which of the following best explains the change in ROA during FY$3$