Consider the following balance sheet and income statement for Yum! Brands, Inc. (the compa...

Consider the following balance sheet and income statement for Yum! Brands, Inc. (the company that operates Kentucky Fried Chicken and Pizza Hut), in condensed form, including some information from the cash flow statement:

Required: Calculate the following ratios for Yum! Brands in 2012 and 2013.

a. Gross margin percent

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b. Return on assets

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c. Return on equity