Mathematics, 02.02.2021 01:50 luhmama
Use the information below for 2018 for 3M Company to answer the requirements
($ millions) 2018 2017
Sales $32,765
Net income, consolidated 5,363
Net income attributable to 3M shareholders 5,349
Assets 36,500 $37,987
Total equity 9,848 11,622
Equity attributable to 3M shareholders 9,796 11,563
a. Compute return on equity (ROE) from the perspective of a 3M shareholder.
Round answer to two decimal places (ex: 0.12345 = 12.35%)
Answer
50.08
%
b. Compute the DuPont model component measures for profit margin, asset turnover, and financial leverage. (Perform these computations from a consolidated perspective).
Round profit margin to two decimal places (ex: 0.12345 = 12.35%)
Round asset turnover and financial leverage to three decimal places.
Profit margin Answer
16.37
%
Asset turnover Answer
0.88
Financial leverage Answer
3.49
c. Compute ROA
Round answer to two decimal places (ex: 0.12345 = 12.35%)
Answer
14.4
%
d. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207).
Round answer to two decimal places (ex: 0.12345 = 12.35%)
Answer
14.28
%
Answers: 2
Mathematics, 21.06.2019 14:00
What is the logarithmic function modeled by the following table? x f(x) 9 2 27 3 81 4
Answers: 2
Mathematics, 21.06.2019 18:30
Tod does not have any cookies. david gives jeff 8 cookies. then he splits half of the cookies he has left with tod. david let’s c represent the number of cookies that he starts with. he finds the number of cookies that tod has is 1/2 the difference of c and 8. write an expression to represent the number of cookies that tod has.
Answers: 2
Mathematics, 21.06.2019 20:30
Select all the expressions that will include a remainder.
Answers: 1
Use the information below for 2018 for 3M Company to answer the requirements
($ millions) 2018 2017...
Biology, 09.10.2019 07:30
Social Studies, 09.10.2019 07:30
Health, 09.10.2019 07:30
Chemistry, 09.10.2019 07:30
Mathematics, 09.10.2019 07:30
Social Studies, 09.10.2019 07:30
Mathematics, 09.10.2019 07:30
Biology, 09.10.2019 07:30
History, 09.10.2019 07:30
Mathematics, 09.10.2019 07:30
Social Studies, 09.10.2019 07:30