Question: need help please 2019 2018 2017 Compute and interpret Ratios Selected balance sheet and income statement information from Illinois Tool Works follows. millions Net operating


2019 2018 2017 Compute and interpret Ratios Selected balance sheet and income statement information from Illinois Tool Works follows. millions Net operating profit after tax (NOPAT $2,688 $2,792 Net Income 2.597 2,640 Total assets 14,164 13,978 $15.773 Equity 2,844 3,059 3,059 Net operating profit after tax (NOA) 8,337 8,894 9,484 Treasury stock 19,551 18,071 16,029 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 = 23.5%), Metric RNOA ROA ROE 2019 58.86 18.5% 91.32% 2018 65.02% 17.79 86.3.96 b. Adjust equity and total assets for the amount of treasury stock. 2018 Smillions Assets, restated 5 Equity, restated 2019 337155 22395 32049 211303 2017 31802 19088 b. Adjust equity and total assets for the amount of treasury stock. $ millions 2019 2018 2017 Assets, restated $ 33715 $ 32049 $ 31802 Equity, restated 22395 $ 21130 $ 19088 Using these restated numbers, recompute RNOA, ROA and ROE for both years. Note: Round answers to one decimal place (ex: 0.2345 = 23.5%). Metric 2019 2018 % RNOA ROA 96 % % % ROE % C. Which profitability measures (from part a or part b) better reflect the company Of the three measures, which one is least influenced by the company's stock repu Using these restated numbers, recompute RNOA, ROA and ROE for both years. Note: Round answers to one decimal place (ex: 0.2345 = 23.5%). Metric 2019 2018 RNOA ROA 96 ROE 96 96 96 96 96 c. Which profitability measures (from part a or part b) better reflect the company's profit levels during the two years? . of the three measures, which one is least influenced by the company's stock repurchase activity
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