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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
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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