c. Following the process in Analyst Adjustments box 9.1, reformulate the following ratios for Cummins for 2018. For simplicity only, use year-end balance sheet numbers provided instead of averages. First, compute the adjusted balances. (Use a negative sign with adjustment answer if it reduces the unadjusted amount) *Note: For "Add EMI NOPAT" row, only enter an answer under the Adjustment column (EMI NOPAT). Leave Cummins and Adjusted Balances answers blank (use row above to enter Cummins' NOPAT and Adjusted NOPAT balance). Next, compute the following ratios: 1. using Cummins' figures (unadjusted) and 2. using the adjusted balances as computed above. - Round RNOA, NOPM, and ROE to one decimal place (ex: 0.2345=23.5% ) - Round NOAT and FLEV to two decimal places. - Hint: Adjusted Net income is $2,452 million. c. Following the process in Analyst Adjustments box 9.1, reformulate the following ratios for Cummins for 2018. For simplicity only, use year-end balance sheet numbers provided instead of averages. First, compute the adjusted balances. (Use a negative sign with adjustment answer if it reduces the unadjusted amount) *Note: For "Add EMI NOPAT" row, only enter an answer under the Adjustment column (EMI NOPAT). Leave Cummins and Adjusted Balances answers blank (use row above to enter Cummins' NOPAT and Adjusted NOPAT balance). Next, compute the following ratios: 1. using Cummins' figures (unadjusted) and 2. using the adjusted balances as computed above. - Round RNOA, NOPM, and ROE to one decimal place (ex: 0.2345=23.5% ) - Round NOAT and FLEV to two decimal places. - Hint: Adjusted Net income is $2,452 million