Compute Measures for DuPont Disaggregation Analysis Use the information below for 2018 for 3M Company to answer the requirements  ($ millions)   2018 2017 Sales   $32,765   Net income, consolidated   5,363   Net income attributable to 3M shareholders   5,349   Assets   36,500 $37,987 Total equity   9,848 11,622 Equity attributable to 3M shareholders   9,796 11,563 d. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207). Round answer to two decimal places (ex: 0.12345 = 12.35%)

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Compute Measures for DuPont Disaggregation Analysis

Use the information below for 2018 for 3M Company to answer the requirements 

($ millions)   2018 2017
Sales   $32,765  
Net income, consolidated   5,363  
Net income attributable to 3M shareholders   5,349  
Assets   36,500 $37,987
Total equity   9,848 11,622
Equity attributable to 3M shareholders   9,796 11,563

d. Compute adjusted ROA (assume a statutory tax rate of 22% and pretax net interest expense of $207).
Round answer to two decimal places (ex: 0.12345 = 12.35%)

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