AXA hw10.5

Littleton Company included the following items in its financial statements for 2018, the current year (amounts in millions): P: (Click the icon to view the financial statement items.) Read the requirements Data Table .$ 17.300 $ 195 8,410 40,000 67,000 ... Payment of long-term debt Proceeds from issuance of common stock Total liabilities: Current year-end Preceding year-end Total stockholders' equity: Current year-end Preceding year-end 32,317 38,027 Dividends paid Net sales: Current year Preceding year Net income: Current year Preceding year Operating income: Current year Preceding year ...... 1,979 1,995 23,473 14.045 6,590 4,876 3,998 Long-term liabilities........... .. - Print Done i Requirements 1. Use DuPont Analysis to calculate Littleton's return on assets and return on common equity during 2018 (the current year). The company has no preferred stock outstanding 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 22 Print Done Littleton Company included the following items in its financial statements for 2018, the current year (amounts in millions): P: (Click the icon to view the financial statement items.) Read the requirements Data Table .$ 17.300 $ 195 8,410 40,000 67,000 ... Payment of long-term debt Proceeds from issuance of common stock Total liabilities: Current year-end Preceding year-end Total stockholders' equity: Current year-end Preceding year-end 32,317 38,027 Dividends paid Net sales: Current year Preceding year Net income: Current year Preceding year Operating income: Current year Preceding year ...... 1,979 1,995 23,473 14.045 6,590 4,876 3,998 Long-term liabilities........... .. - Print Done i Requirements 1. Use DuPont Analysis to calculate Littleton's return on assets and return on common equity during 2018 (the current year). The company has no preferred stock outstanding 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 22 Print Done