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Compute ROA and Adjusted ROA The following information was reported by Yum Brands in its form 10-K. Use this information to answer the requirements. $

Compute ROA and Adjusted ROA The following information was reported by Yum Brands in its form 10-K. Use this information to answer the requirements. $ millions Dec. 31, 2019 Dec. 31, 2018 Net income $1,294 $1,542 Interest expense, net 484 496 Average total assets 4,681 4,721 a. Which ratio removes the effect of the company's financing decisions from the ratio: Answer b. Compute (1) return on assets, (2) the adjusted return on assets, and (3) the percentage difference in the measures for each year. Assume a statutory tax rate of 22%. Note: Round the percentage to one decimal place (for example, enter 14.6% for 14.55555%). 2019 2018 (1) ROA Answer Answer (2) Adjusted ROA Answer Answer (3) % Difference in measures Answer Answer

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