The following is a summary of performance data of FedEx over a three-year period

The following is a summary of performance data of FedEx over a three-year period: In millions Year1 Year 2 Year 3 Sales 34734 39304 42680 COGS 33550 37852 40648 Net Income 1184 1452 2032 Assets 25654 27385 29903 Total Debt 11695 10498 13926 Equity 15654 15220 14727 Operating Cash Flow 1998 2378 3186 Investment Cash Flow -2781 -3419 -4049 Financing cash flow -692 -287 -244 Required: Given the information in the table above calculate the following: Profit margin on sales Return on assets Return on equity Total debt to total assets Total asset turnover Explain and evaluate your results as they pertain to profitability debt and asset turnover for the company over a three-year period.