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Please confirm if these answers are correct Compute and interpret Measures for DuPont Disaggregation Analysis Use the information below for 3M Company to answer the

Please confirm if these answers are correct
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Compute and interpret Measures for DuPont Disaggregation Analysis Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). (Smillions) 2015 2014 Sales $29.874 Net income, consolidated Net Income attributable to 3M shareholders 4.488 Assets 32.538 $31.029 Total equity 11.747 13.142 Equity attributable to 3M shareholders 11.708 13.100 a. Compute return on equity (ROE). Round answer to two decimal places (ex: 0.12345 - 12.35%) 36.17 b. Compute the DuPont model component measures for profit margin, asset turnover, and financial leverage. Round profit margin to two decimal places (ex 0.12345 - 12.35%) Round asset turnover and financial leverage to three decimal places. Profit margin 15.02 Asset turnover 0.94 Financial leverage 2.561 C. Compute ROA. Round answer to two decimal places (ex: 0.12345 = 12.35%) ROA 14.12 % d. Compute adjusted ROA (assume a statutory tax rate of 37% and pretax net interest expense of $123). Round answer to two decimal places (ex: 0.12345 = 12.35%) 14.36 %

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