Income Statement (partial) DuPontDowPPGRevenues$24,726$27,805$8,169COGS16,72722,0155,137Gross Profit7,9995,7903,032SG&A Expenses4,5132,8071,764Net Income4,339(385)387 Balance Sheet (partial) DuPontDowPPGCash & Market Securities$5,763$220$108Receivables, net3,9035,0981,416Inventories4,2154,440904Total Current Assets14,80110,3082,703Fixed Assets, net13,28713,5792,752Total Assets40,31935,5158,452Total Current Liabilities8,0678,1251,955Total Liabilities25,86725,5225,372Total Equity14,4529,9933,080 The following additional information is provided for fiscal year 2000 (in millions): DuPontDowPPGInventory$4,658 $3,463 $1,121 Receivables, net4,5525,3851,563Working Capital2,4011,387550Fixed Assets, net13,28713,5792,752Total Assets39,42627,6459,125Total Equity13,2999,6863,097(4) Given the information presented on Sheet 1, calculate the DuPont Model for the three chemical companies for fiscal year 2001. Show calculations underneath the table. Assume total common equity is equal to total equity for each chemical company. DuPontDowPPGProfit Margin (PM) Asset Turnover (AT) Return on Assets (ROA) Financial Leverage (FL) Return on Equity (ROE) Profit Margin = Net Income / SalesDuPont Dow PPG Asset Turnover = Sales / Average Total AssetsDuPont Dow PPG Return on Assets = Net Income / Average Total AssetsDuPont Dow PPG Financial Leverage = Average Total Assets / Average Total Stockholders EquityDuPont Dow PPG Return on Equity = Net Income / Average Total Stockholders EquityDuPont Dow PPG