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California Company included the following items in its financial statements for 2018, the current year (amounts in millions): (Click the icon to view the financial

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California Company included the following items in its financial statements for 2018, the current year (amounts in millions): (Click the icon to view the financial statement items.) Read the requirements. Requirement 1. Use DuPont Analysis to calculate California's retum on assets and retum on common equity during 2018 (the current year). The company has no preferred stock outstanding. Start by calculating the rate of retum on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA for 2018. (Dividends paid are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) x ROA Net profit margin ratio 9.75 Asset turnover 2.095 Data Table % 20.4 % $ 17,300 225 Payment of long-term debt ...... Proceeds from Issuance of common stock Dividends paid ...........S Net sales: 8,425 Current year Preceding year 35,000 78,000 Total liabilities: Net income 32,319 38,039 Current year 9,011 2,010 Current year-end Preceding year-end Total stockholders' equity Current year-end Preceding year-end Long-term liabilities 23,473 Preceding year Operating income Current year 9.126 14,037 6,665 Preceding year 4,004 Choose from any list or enter any number in the input fields and then click Check Answer. ? Print Done 3 parts remaining - rinal Check

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