Question: Following are selected financial statement data from 3 M Company. Required a . Compute the return on assets ( ROA ) , profit margin (

Following are selected financial statement data from 3M Company. Required a. Compute the return on assets (ROA), profit margin (PM), and asset turnover (AT) for each of the three years F2, F3, and F4. Round any intermediate calculations to the nearest whole dollar amount. b. What factor is mainly responsible for the change in 3M's ROA from FY2 to FY3? Is it profit margin or asset turnover or both? c. What factor is **mainly* responsible for the change in 3M's ROA from FY3 to FY4? Is it profit margin or asset turnover or both?
Following are selected financial statement data

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