Found at https://ir.carrier.com/static-files/8d20a651-42e5-4fea-a716-820ab1d461a7 I have been able to calculate all ratios except the following 3. I am unsure where I would find this information on the companies Form 10-k.

1. Calculate Market/Book Ratio.

2. Calculate Price/Earnings Ratio.

3. Calculate return on invested capital.

For the Year Ended December 31, 2020 2019 2018 (dollars in millions, except per share amounts; shares in millions), Net sales Product sales (Note 6) Service sales $ $ 14,347 3,109 17,456 15,360 3,248 18,608 15,674 3,240 18.914 Costs and expenses Cost of products sold (Note 6) Cost of services sold Research and development Selling, general and administrative 10,185 2,162 419 2,820 15,586 10,890 2,299 401 2,761 16,351 207 236 Equity method investment net earnings Other income (expense), net Operating profit Non-service pension benefit Interest (expense) income, net Income from operations before income taxes Income tax expense Net income from operations Less: Non-controlling interest in subsidiaries' earnings from operations Net income attributable to common shareowners 1,006 3,083 60 (288) 2,855 849 2,006 24 1,982 (2) 2,491 154 27 2,672 517 2,155 39 2,116 11,063 2,282 400 2,689 16,434 220 937 3,637 168 37 3,842 1,073 2,769 35 $ $ 2,734 Earnings per share (Note 4) Basic Diluted $ $ 2.29 2.25 2.44 2.44 $ $ 3.16 3.16 $ $ Weighted-average number of shares outstanding (Note 4) Basic Diluted 866.5 880.2 866.2 866.2 866.2 866.2 For the Year Ended December 31, 2019 2018 2020 $ 2.006 $ 2,155 $ 2,769 336 97 77 (207) 169 72 (1,123) 335 (122) 52 (236) 158 108 (dollars in millions). Operating Activities Net income from operations Adjustments to reconcile net income from operations to net cash flows provided by operating activities, net of acquisitions and dispositions Depreciation and amortization Deferred income tax provision Equity compensation cost Equity method investment net earnings Distributions from equity method investments Impairment charge on minority-owned joint venture investments Gains on sale of investments and businesses Changes in operating assets and liabilities Accounts receivable, net Contract assets, current Inventories, net Other assets, current Accounts payable and accrued liabilities Contract liabilities, current Defined benefit plan contributions Other operating activities, net Net cash flows provided by operating activities 357 133 44 (220) 143 (799) 49 (9) (240) 3 237 46 (41) 220 (129) 23 (2) 62 (296) (18) (36) 9 2,063 (211) (67) (151) (7) 88 24 (45) (3) 2,055 1,692 (312) 1,377 (243) 6 (263) 1,032 Investing Activities Capital expenditures Proceeds on sale of investments and businesses Investment in businesses, net of cash acquired Receipt from settlement of derivative contracts Other investing activities, net Net cash flows provided by (used in) investing activities (310) 40 1 (22) (259) (44) 415 1,106 25 107 (138) 3 117 Financing Activities (Decrease) increase in short-term borrowings, net Issuance of long-term debt Repayment of long-term debt Dividends paid on common stock Dividends paid to non-controlling interest Net transfers to UTC Other financing activities, net Net cash flows used in financing activities Effect of foreign exchange rate changes on cash and cash equivalents Net increase (decrease) in cash and cash equivalents and restricted cash Cash, cash equivalents and restricted cash, beginning of period Cash, cash equivalents and restricted cash, end of period Less: restricted cash Cash and cash equivalents, end of period (23) 11,784 (1,911) (138) (48) (10,359) 14 (681) 45 2,162 957 3,119 4 (28) (1,954) 6 (1,982) 1 (46) (2,685) (16) (2,627) (39) (196) 1,330 1,134 (177) 1,134 957 5 952 3,115 1,129 As of December 31, 2020 2019 $ $ (dollars in millions). Assets Cash and cash equivalents Accounts receivable, net (Note 6) Contract assets, current Inventories, net Other assets, current Total current assets Future income tax benefits Fixed assets, net Operating lease right-of-use assets Intangible assets, net Goodwill Pension and post-retirement assets Equity method investments Other assets Total Assets 3,115 2,781 656 1,629 343 8,524 449 1,810 788 1,037 10,139 554 1,513 279 25,093 952 2,726 622 1,332 327 5,959 500 1,663 832 1,083 9,884 490 1,739 256 22,406 $ Liabilities and Equity Accounts payable (Note 6) Accrued liabilities (Note 6) Contract liabilities, current Current portion of long-term debt Total current liabilities Long-term debt Future pension and post-retirement obligations Future income tax obligations (Note 6 and Note 19) Operating lease liabilities Other long-term liabilities (Note 6) Total Liabilities Commitments and contingent liabilities (Note 25) Equity UTC Net investment Common stock, par value $0.01; 4,000,000,000 shares authorized; 867,829,119 shares issued and outstanding as of December 31, 2020 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Non-controlling interest Total Equity Total Liabilities and Equity 1,936 $ 2,471 512 191 5,110 10,036 524 479 642 1,724 18.515 1,701 2,088 443 237 4,469 82 456 1,099 682 1,183 7,971 15,355 9 5,345 1,643 (745) 326 6,578 25,093 (1,253) 333 14,435 22,406 Additional Paid-In Capital Retained Earnings (dollars in millions) Balance at January 1, 2018 Net income Other comprehensive loss, net of tax Dividends attributable to non-controlling interest Net transfers to UTC Adoption impact of ASU 2016-16 Accumulated Other UTC Net Comprehensive Common Investment (Loss) Income Stock $ 15,030 $ (617) $ 2,734 (598) 111 Non- Controlling Interest Total Equity 371 $ 14,784 35 2,769 ) (8) (606) (46) () (46) (2,641) 9 (2,641) 9 11 Balance as of December 31, 2018 15,132 (1,215) 352 14,269 2,116 (29) 11 Net income Other comprehensive loss, net of tax Dividends attributable to non-controlling interest Disposition of non-controlling interest Net transfers to UTC Adoption impact of ASU 2018-02 39 (4) (28) (26) 2,155 (33) (28) (26) (1,902) (1,902) 9 (9) Balance as of December 31, 2019 15,355 (1,253) 333 14,435 96 1,886 24 13 508 (243) 2,006 521 (243) 62 (48) 62 Net income Other comprehensive income, net of tax Dividends declared on Common Stock ($0.28 per share) Common stock issued under employee plans Dividends attributable to non-controlling interest Capital contribution to non-controlling interest Adoption impact of ASU 2016-13 Net transfers from UTC Net transfers to UTC Reclassification of UTC Net Investment to Common stock and Additional paid-in capital TUTTO (48) 4 4 (4) 859 (11,014) (4) 859 (11,014) (5,292) 5,283 Balance as of December 31, 2020 (745) $ $ S 5,345 $ 1,643 $ 326 $ 6,578 For the Year Ended December 31, 2020 2019 2018 (dollars in millions, except per share amounts; shares in millions), Net sales Product sales (Note 6) Service sales $ $ 14,347 3,109 17,456 15,360 3,248 18,608 15,674 3,240 18.914 Costs and expenses Cost of products sold (Note 6) Cost of services sold Research and development Selling, general and administrative 10,185 2,162 419 2,820 15,586 10,890 2,299 401 2,761 16,351 207 236 Equity method investment net earnings Other income (expense), net Operating profit Non-service pension benefit Interest (expense) income, net Income from operations before income taxes Income tax expense Net income from operations Less: Non-controlling interest in subsidiaries' earnings from operations Net income attributable to common shareowners 1,006 3,083 60 (288) 2,855 849 2,006 24 1,982 (2) 2,491 154 27 2,672 517 2,155 39 2,116 11,063 2,282 400 2,689 16,434 220 937 3,637 168 37 3,842 1,073 2,769 35 $ $ 2,734 Earnings per share (Note 4) Basic Diluted $ $ 2.29 2.25 2.44 2.44 $ $ 3.16 3.16 $ $ Weighted-average number of shares outstanding (Note 4) Basic Diluted 866.5 880.2 866.2 866.2 866.2 866.2 For the Year Ended December 31, 2019 2018 2020 $ 2.006 $ 2,155 $ 2,769 336 97 77 (207) 169 72 (1,123) 335 (122) 52 (236) 158 108 (dollars in millions). Operating Activities Net income from operations Adjustments to reconcile net income from operations to net cash flows provided by operating activities, net of acquisitions and dispositions Depreciation and amortization Deferred income tax provision Equity compensation cost Equity method investment net earnings Distributions from equity method investments Impairment charge on minority-owned joint venture investments Gains on sale of investments and businesses Changes in operating assets and liabilities Accounts receivable, net Contract assets, current Inventories, net Other assets, current Accounts payable and accrued liabilities Contract liabilities, current Defined benefit plan contributions Other operating activities, net Net cash flows provided by operating activities 357 133 44 (220) 143 (799) 49 (9) (240) 3 237 46 (41) 220 (129) 23 (2) 62 (296) (18) (36) 9 2,063 (211) (67) (151) (7) 88 24 (45) (3) 2,055 1,692 (312) 1,377 (243) 6 (263) 1,032 Investing Activities Capital expenditures Proceeds on sale of investments and businesses Investment in businesses, net of cash acquired Receipt from settlement of derivative contracts Other investing activities, net Net cash flows provided by (used in) investing activities (310) 40 1 (22) (259) (44) 415 1,106 25 107 (138) 3 117 Financing Activities (Decrease) increase in short-term borrowings, net Issuance of long-term debt Repayment of long-term debt Dividends paid on common stock Dividends paid to non-controlling interest Net transfers to UTC Other financing activities, net Net cash flows used in financing activities Effect of foreign exchange rate changes on cash and cash equivalents Net increase (decrease) in cash and cash equivalents and restricted cash Cash, cash equivalents and restricted cash, beginning of period Cash, cash equivalents and restricted cash, end of period Less: restricted cash Cash and cash equivalents, end of period (23) 11,784 (1,911) (138) (48) (10,359) 14 (681) 45 2,162 957 3,119 4 (28) (1,954) 6 (1,982) 1 (46) (2,685) (16) (2,627) (39) (196) 1,330 1,134 (177) 1,134 957 5 952 3,115 1,129 As of December 31, 2020 2019 $ $ (dollars in millions). Assets Cash and cash equivalents Accounts receivable, net (Note 6) Contract assets, current Inventories, net Other assets, current Total current assets Future income tax benefits Fixed assets, net Operating lease right-of-use assets Intangible assets, net Goodwill Pension and post-retirement assets Equity method investments Other assets Total Assets 3,115 2,781 656 1,629 343 8,524 449 1,810 788 1,037 10,139 554 1,513 279 25,093 952 2,726 622 1,332 327 5,959 500 1,663 832 1,083 9,884 490 1,739 256 22,406 $ Liabilities and Equity Accounts payable (Note 6) Accrued liabilities (Note 6) Contract liabilities, current Current portion of long-term debt Total current liabilities Long-term debt Future pension and post-retirement obligations Future income tax obligations (Note 6 and Note 19) Operating lease liabilities Other long-term liabilities (Note 6) Total Liabilities Commitments and contingent liabilities (Note 25) Equity UTC Net investment Common stock, par value $0.01; 4,000,000,000 shares authorized; 867,829,119 shares issued and outstanding as of December 31, 2020 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Non-controlling interest Total Equity Total Liabilities and Equity 1,936 $ 2,471 512 191 5,110 10,036 524 479 642 1,724 18.515 1,701 2,088 443 237 4,469 82 456 1,099 682 1,183 7,971 15,355 9 5,345 1,643 (745) 326 6,578 25,093 (1,253) 333 14,435 22,406 Additional Paid-In Capital Retained Earnings (dollars in millions) Balance at January 1, 2018 Net income Other comprehensive loss, net of tax Dividends attributable to non-controlling interest Net transfers to UTC Adoption impact of ASU 2016-16 Accumulated Other UTC Net Comprehensive Common Investment (Loss) Income Stock $ 15,030 $ (617) $ 2,734 (598) 111 Non- Controlling Interest Total Equity 371 $ 14,784 35 2,769 ) (8) (606) (46) () (46) (2,641) 9 (2,641) 9 11 Balance as of December 31, 2018 15,132 (1,215) 352 14,269 2,116 (29) 11 Net income Other comprehensive loss, net of tax Dividends attributable to non-controlling interest Disposition of non-controlling interest Net transfers to UTC Adoption impact of ASU 2018-02 39 (4) (28) (26) 2,155 (33) (28) (26) (1,902) (1,902) 9 (9) Balance as of December 31, 2019 15,355 (1,253) 333 14,435 96 1,886 24 13 508 (243) 2,006 521 (243) 62 (48) 62 Net income Other comprehensive income, net of tax Dividends declared on Common Stock ($0.28 per share) Common stock issued under employee plans Dividends attributable to non-controlling interest Capital contribution to non-controlling interest Adoption impact of ASU 2016-13 Net transfers from UTC Net transfers to UTC Reclassification of UTC Net Investment to Common stock and Additional paid-in capital TUTTO (48) 4 4 (4) 859 (11,014) (4) 859 (11,014) (5,292) 5,283 Balance as of December 31, 2020 (745) $ $ S 5,345 $ 1,643 $ 326 $ 6,578