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I need leverage ratio and ROE for the second part Tri-State Company included the following items in its financial statements for 2018, the current year

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Tri-State Company included the following items in its financial statements for 2018, the current year (amounts in millions): (Click the icon to view the financial statement items.) Read the requirements. X ROA Requirement 1. Use DuPont Analysis to calculate Tri-State's return on assets and return on common equity during 2018 (the current year). The company has 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 pald are not preferred. Round percentages to one decimal place, XX% and other component ratios to three decimal places, XXXX.) Net profit margin ratio Asset turnover 324 % 0.371 12 % Calculate the rate of return on common equity (ROE). Select the formula needed and then enter the amounts to calculate ROE for 2018. (Dividends paid are now preferred. Round percentages to one decimal place, XX% and other component ratios to three decimal places, X.xxx.) Return on assets (ROA) Leverage ratio % X ROE 12 % Data Table TH 17,200 225 8,430 ---- 20,000 32,000 ---- Payment of long-term debt Proceeds from issuance of common stock Total liabilities: Current year-end Preceding year-end Total stockholders' equity: Current year-end Preceding year-end Long-term liabilities. 32,319 38,027 Dividends paid Net sales: Current year Preceding year Net income: Current year Preceding year Operating income: Current year Preceding year ---- 6,488 2,010 ---- 23,485 9.125 14,045 6,600 4,008 Print Done

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