Please review the attached assignment and provide answers with original work and proper citation.

1. Find the annual income statements and balance sheets for Dow Chemicals [DOW] and Merck [MRK]. 1a. Insert the web link to each of the last three years of annual income statement and balance sheet for Dow Chemicals Most recent Annual Income Statement URL: Previous year Annual Income Statement URL: Two years previous Annual Income Statement URL: Most recent Balance Sheet URL: Previous year Balance Sheet URL: Two years previous Balance Sheet URL: 1b. Insert the web link to each of the last three years of annual income statement and balance sheet for Merck [MRK] Most recent Annual Income Statement URL: Previous year Annual Income Statement URL: Two years previous Annual Income Statement URL: Most recent Balance Sheet URL: Previous year Balance Sheet URL: Two years previous Balance Sheet URL: 2. Calculate the DuPont Identity for each company for the most recent three years. ROE Profit Margin Total Asset Turnover Equity Multiplier DOW - Current DOW - 1 Yr Ago DOW - 2 Yr Ago MRK - Current MRK - 1 Yr Ago MRK - 2 Yr Ago Version 1 04/15 3. Comment on the changes in each component of the DuPont Identity for each company over this period. ROE Profit Margin Total Asset Turnover Equity Multiplier DOW Observed Changes MRK Observed Changes 4. Compare the components between the two companies. (250-450 words) 5. Answer the following question: Were the results what you expected? Why or why not? Version 1 7/1/13