Question
. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207). Perform these computations from a consolidated perspective.
. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207). Perform these computations from a consolidated perspective. Note: 1. Select the appropriate numerator and denominator used to compute adjusted ROA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute adjusted ROA. Numerator Denominator ROA Answer Answer Answer 0 Answer 0
. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207). Perform these computations from a consolidated perspective.
Note: 1. Select the appropriate numerator and denominator used to compute adjusted ROA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute adjusted ROA.
Numerator | Denominator | ROA | |
---|---|---|---|
AnswerSalesNet income consolidatedNet income consolidated (adjusted)Net income attributable to 3M shareholdersPretax interest expenseAverage assetsAverage total equityAverage equity attributable to 3M shareholders | AnswerSalesNet income consolidatedNet income consolidated (adjusted)Net income attributable to 3M shareholdersPretax interest expenseAverage assetsAverage total equityAverage equity attributable to 3M shareholders | ||
Answer | Answer |
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