Phillip Morris reported the following information in its $2018$ Form $10-$K$.$

a$.$ Compute ROE for $2018$ using the equity numbers as reported.

Note: $1.$ Select the appropriate numerator and denominator used to compute ROE from the drop$-$down menu options. $2.$ Enter the numerator and denominator amounts to compute ROE.

How do you interpret this ratio?

b$.$ Add back treasury shares to adjust for the company's negative equity. Recompute ROE for $2018.$

Does the adjusted ratio better captures the company's performance during $2018?$