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Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). a. Compute return on
Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). a. Compute return on equity (ROE). Round answer to two decimal places (ex: 0.12345=12.35% ) % 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 % Asset turnover Financial leverage c. Compute ROA. Round answer to two decimal places (ex: 0.12345=12.35% ) ROA % 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% ) % Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). a. Compute return on equity (ROE). Round answer to two decimal places (ex: 0.12345=12.35% ) % 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 % Asset turnover Financial leverage c. Compute ROA. Round answer to two decimal places (ex: 0.12345=12.35% ) ROA % 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% ) %
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