The following financial statements are taken from the most recent 10-K of Waste Management:

1. a) Prepare a Basic DuPont Analysis of return on equity for 2020 please use average balances where necessary. (6 points)

2. b) During the year 2020, how much did the company invest in net working capital and capex? Please use the Capex, net version of Capex you do not have the data to calculate the alternative.

3. c) Measured at an equity level, during 2020, how much did Waste Management reinvest back into the business, and what was the flow to equity for that year?

4. d) For 2020, what was NOPLAT for Waste Management?

5. e) Measured at an invested capital level, during 2020, how much did Waste Management reinvest back into the business, and what was the flow to the firm for that year?