Question: I only need help with the adjusted ROA. I have answered the rest. Thanks! Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance

I only need help with the adjusted ROA. I have answered the rest. Thanks!

Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements to answer the requirements.

NETFLIX INC. Consolidated Statements of Earnings
For Year Ended December 31, $ thousands 2018
Revenues $15,794,341
Cost of revenues 9,967,538
Marketing 2,369,469
Technology and development 1,221,814
General and administrative 630,294
Operating income 1,605,226
Other income (expense)
Interest expense (420,493)
Interest and other income 41,725
Income before income taxes 1,226,458
Provision for income taxes 15,216
Net income $ 1,211,242

NETFLIX INC. Consolidated Balance Sheets
in millions 2018 2017
Current assets
Cash and cash equivalents $3,794,483 $2,822,795
Current content assets, net 5,151,186 4,310,934
Other current assets 748,466 536,245
Total current assets 9,694,135 7,669,974
Noncurrent content assets, net 14,960,954 10,371,055
Property and equipment, net 418,281 319,404
Other noncurrent assets 901,030 652,309
Total assets 25,974,400 $19,012,742
Current liabilities
Current content liabilities $4,686,019 $4,173,041
Accounts payable 562,985 359,555
Accrued expenses 477,417 315,094
Deferred revenue 760,899 618,622
Total current liabilities 6,487,320 5,466,312
Noncurrent content liabilities 3,759,026 3,329,796
Long-term debt 10,360,058 6,499,432
Other noncurrent liabilities 129,231 135,246
Total liabilities 20,735,635 15,430,786
Stockholders equity
Preferred stock, $0.001 par value 0 0
Common stock, $0.001 par value 2,315,988 1,871,396
Accumulated other comprehensive loss (19,582) (20,557)
Retained earnings 2,942,359 1,731,117
Total shareholders equity 5,238,765 3,581,956
Total liabilities and shareholders equity $25,974,400 $19,012,742

Required a. Compute ROE and ROA for 2018.

Do not round until your final answers. Round answer to two decimal places. 2018 ROE = Answer

%

2018 ROA = Answer

%

b. Confirm that ROE equals ROE computed using the component measures for profit margin, assets turnover, and financial leverage: ROE = PM AT FL.

Do not round until your final answer. Round answers two decimal places.

PM = Answer

%

AT = Answer

FL = Answer

c. Compute adjusted ROA (assume a statutory tax rate of 22%).

Round answer to two decimal places (ex: 0.03456 = 3.46%).

Adjusted ROA = Answer

%

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