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Pane 2014 Use the Information below for 3M Company to answer the requirements (perform these...

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Accounting

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Pane 2014 Use the Information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder). (Smillions) 2015 Sales $30,674 Net income, consolidated 5,056 Net income attributable to 3M shareholders 5,048 Assets 32,898 $31,389 Total equity 11,747 13,142 Equity attributable to 3M shareholders 11,708 13,109 a. Compute return on equity (ROE). Round answer to two decimal places (ex: 0.12345 = 12.35%) Answer% 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 tumover and financial leverage to three decimal places. Profit margin Answer % Asset turnover Answer Financial leverage Answer C. Compute ROA. Round answer to two decimal places (ex: 0.12345 = 12.35%) ROA Answer % 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%) Answer %

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