Lawrence Company included the following items in its financial statements for 2018, the current year (amounts in millions): BE! (Click the icon to view the financial statement items.) Read the requirements Requirement 1. Use DuPont Analysis to calculate Lawrence's return on assets and return on common equity during 2018 (the current year). The company has no 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 paid are not preferred. Round pe X Asset turnover ROA Net profit margin ratio 4.8 % 0.927 4.4 % 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 not preferred Round percentages to one deci ROE X Data Table % % $ 17.060 Dividends paid $ 235 Payment of long-term debt Proceeds from issuance Net sales 8.415 Current year 50,000 of common stock 81,000 Total liabilities: Preceding year 32,313 Net income 2.379 38,025 2,007 Current year-end Preceding year-end Total stockholders' equity Current year-end Preceding year-end Long-term liabilities 23,473 Current year Preceding year Operating income Current year Preceding year 4,878 14,037 4,000 6,660 Print Done Choose from any list or enter any number in the input fields and then click Check