Score: 0 of 1 pt 1 of 10 (0 complete) E10-37A (similar to) Lawrence Company included the following items in its financial statements for 2018, the current year (amounts in millions) ESB (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 percentages to one decimal place, XX% and other com ROA X % Requirements Debt ratio Net profit margin ratio Return on equity (ROE) Data Table - S 17,060 Dividends paid $ 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 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? 235 Payment of long-term debt Proceeds from issuance Net sales of common stock 8,415 Current year 50,000 81,000 Total liabilities Preceding year Print Done Net income 32,313 38,025 Current year 2,379 2,007 Current year-end Preceding year-end Total stockholders' equity Current year-end Preceding year-end Long-term liabilities 23,473 Preceding year Operating income Current year Preceding year 4,878 14,037 6,660 4,000 Print Done