Compute ROA and adjusted ROA

CSX Corporation reported the following in its tax footnote to its 2019 financial statements. Use this information to answer the requirements.

$ millions	2019	2018	2017
Net income	$3,331	$3,309	$5,471
Interest expense, net	737	639	546
Average total assets	37,493	36,234	35,577

b. Compute adjusted return on assets (ROA) for 2017, 2018, and 2019

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 for each year.

	Year	Numerator	Denominator	adjusted ROA
		AnswerNet incomeNet income (adjusted)Interest expense, netAverage total assetsAverage total equity	AnswerNet incomeNet income (adjusted)Interest expense, netAverage total assetsAverage total equity
	2017	Answer	Answer
	2018	Answer	Answer
	2019	Answer	Answer