1.

3M (Minnesota Mining & Manufacturing Co.) was listed in Table 17-1 as one of the companies having a large percentage of institutional ownership. Institutional ownership represents stock held by nonindividuals such as pension funds, mutual funds, or bank trust departments. Let's learn more about the company.

Go to 3M's website, www.3m.com, and follow these steps: Scroll to the bottom of the page and click Investor Relations. Click on Stock Information under Investing in 3M.

2.

Scroll down and write down the following:

a.	Recent price
b.	52-week high
c.	52-week low
d.	52-week price percent change
e.	Average Daily Volume last 10 days

3.

Return to the prior page and click on Financial Information and then click Ratios in the middle of the page. The average firm in 3M's industry of diversified chemicals has the following ratios. How does 3M compare?

a.	Price to earnings (P/E)21.0x
b.	Price to sales2.4x
c.	Price to book5.0x
d.	Net profit margin15.0%
e.	Current ratio1.1x