Compute and Interpret Ratios Selected balance sheet and income statement information from Ilinois Tool Works follows. S millions 2019 2018 2017 Net operating profit after tax (NOPAT) 52,897 $3.009 Net Income 2.798 2.845 Total assets 15,671 15.465 $17.451 Equity 3.147 3,384 3.384 Net operating profit after tax (NOA) 9.224 9.840 10,493 Treasury stock 21,070 19,475 17.274 a. Compute profitability measures: RNOA, ROA and ROE for 2019 and 2018 using the numbers as reported by the company. Note: Round answers to one decimal place (ex: 0.2345 - 23.596): Metric 2019 2018 RNOA 096 OM ROA 046 0 % ROE 096 096 b. Adjust equity and total assets for the amount of treasury stock. $ millions 2019 2018 2017 Assets, restated $ 05 OS 0 Equity, restated OS 05 0 Using these restated numbers, recompute RNOA, ROA and ROE for both years, Note: Round answers to one decimal place (ex: 0.2345 - 23.596). Metric 2019 2018 RNOA 09 096 ROA 09 096 ROE 096 096 Compute and Interpret Ratios Selected balance sheet and income statement information from Ilinois Tool Works follows. S millions 2019 2018 2017 Net operating profit after tax (NOPAT) 52,897 $3.009 Net Income 2.798 2.845 Total assets 15,671 15.465 $17.451 Equity 3.147 3,384 3.384 Net operating profit after tax (NOA) 9.224 9.840 10,493 Treasury stock 21,070 19,475 17.274 a. Compute profitability measures: RNOA, ROA and ROE for 2019 and 2018 using the numbers as reported by the company. Note: Round answers to one decimal place (ex: 0.2345 - 23.596): Metric 2019 2018 RNOA 096 OM ROA 046 0 % ROE 096 096 b. Adjust equity and total assets for the amount of treasury stock. $ millions 2019 2018 2017 Assets, restated $ 05 OS 0 Equity, restated OS 05 0 Using these restated numbers, recompute RNOA, ROA and ROE for both years, Note: Round answers to one decimal place (ex: 0.2345 - 23.596). Metric 2019 2018 RNOA 09 096 ROA 09 096 ROE 096 096