E10-37A (similar to) Lawrence Company included the following items in its financial statements for 2018, the current year (amounts in millions): 33 (Click the icon to view the financial statement items.) Read the requirements Requirement 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2018 (the current year). The company has no preferred stock outstanding Start by calculating the rate of return 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 X ROA % X % - 30 Requirements Data Table $ 17,060 Payment of long-term debt $ Dividends paid 235 Proceeds from issuance Net sales: 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2018 (the current year). The company has no preferred stock outstanding 2. Do the company's rates of return look strong or weak? Give your reason 3. What additional information do you need to make the decision in requirement 22 of common stock 8,415 50,000 81,000 Total liabilities 32,313 2,379 38 025 Print Done Current year Preceding year Net income: Current year Preceding year Operating income Current year Preceding year Current year-end Preceding year-end Total stockholders' equity Current year-end Preceding year-end Long-term liabilities 2,007 23.473 4,878 14.037 4.000 6,660 Print Done Choose from any list or enter any number in the input fields and then click Check