Littleton 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. Requirement 1. Use DuPont Analysis to calculate Littleton'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 percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) Net profit margin ratio Asset turnover = ROA 11.3 % 0.167 1.9 % Payment of long-term debt $ 17,055 Dividends paid 195 Proceeds from issuance Net sales: of common stock 8,430 Current year 80,000 Total liabilities: Preceding year 32,000 32,319 Net income: 38,033 9,011 Current year-end Preceding year-end Total stockholders' equity: Current year-end Preceding year-end Current year Preceding year 2,003 23,485 Operating income: 14,047 Current year 9,125 Long-term liabilities 6,582 Preceding year 3,998 i X Requirements 1. Use DuPont Analysis to calculate Littleton's return on assets and return on common equity during 2018 (the current year). The company has no preferred stock outstanding. 2. Do the company's rates of return look strong or weak? Give your reason. 3. What additional information do you need to make the decision in requirement 2? Print Done