Question: 3. Compute and Interpret Measures for DuPont Disaggregation Analysis (12 points) Use the information below for 3M Company to answer the requirements (perform these computations

 3. Compute and Interpret Measures for DuPont Disaggregation Analysis (12 points)
Use the information below for 3M Company to answer the requirements (perform

3. Compute and Interpret Measures for DuPont Disaggregation Analysis (12 points) Use the information below for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder) (Smillions) 2015 2014 Sales $31.051 Net income, consolidated 5,320 Net income attributable to 3M shareholders 5,312 Assets 33,018 S31,509 Total equity 11,747 13.142 Equity attributable to 3M shareholders 11.708 13.109 3) Assume the industry sector that 3M is operating has the following ratios on average: ROE -20% Profit margin-8% Assets tumover ratio - 0.84 Financial leverage - 3 Please comment on 3M's ROE, profitability, assets efficiency, and financial leverage by comparing its ratios to the industry averages

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!