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2015 Compute Measures for DuPont Disaggregation Analysis Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of

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2015 Compute Measures for DuPont Disaggregation Analysis Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). ($ millions) 2014 Sales $31,385 Net income, consolidated 5,554 Net income attributable to 3M shareholders 5,546 Assets 33,139 $31,630 11,747 13,142 Equity attributable to 3M shareholders 11,708 13,109 Total equity a. Compute return on equity (ROE). Round answer to two decimal places (ex: 0.12345 = 12.35%) 44.7 % b. Compute the DuPont model component measures for profit margin, asset turnover, and financial leverage. Round profit margin to two decimal places (ex: 0.12345 = 12.35%) Round asset turnover and financial leverage to three decimal places. Profit margin 17.67 % Asset turnover 96.91 X Financial leverage 44.7 X C. Compute ROA. Round answer to two decimal places (ex: 0.12345 = 12.35%) ROA 17.13 % d. Compute adjusted ROA (assume a statutory tax rate of 37% and pretax net interest expense of $123). Round answer to two decimal places (ex: 0.12345 = 12.35%) 17.36 % Check

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