Financial Analysis

ageNOWV2 Onlir X Login To Profile + V now.com/in/takeAssignment/takeAssignment Main.do?invoker takeAssignmentSessionLocator=&inprogress-false eBook Calculator Deere: Profitability analysis Deere & Company manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deere's credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-shore amounts): Year 3 Year 2 Year 1 Net income (loss) $3,064.7 $2,799.9 $1,865.0 Preferred dividends $ 0.00 $ 0.00 $ 0.00 Interest expense $782.8 $759.4 $ 811.4 Shares outstanding for computing earnings per share 397 417 424 Cash dividend per share $ 1.79 $ 1.52 $ 1.16 Average total assets $ 52,237 $ 45,737 $ 42,200 Average stockholders' equity $6,821 $6,545 $5,555 Average stock price per share $79.27 0.48 $61.18 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place, except for per share amounts. Round per share amounts to two decimal places); Year Year 2 Year 1 a. Return on total assets 9 b. Return on stockholders' equity c. Earnings per share d. Dividend yield e. Price-earnings ratio 2. Based on these data, which of the following statements is incorrect? Previous Next > Check My Work Em restructor Subteracy Save and it All work saved D B