Question: Partially correct Mark 4.00 out of 20.00 Remove flag Compute and Interpret Ratios Selected balance sheet and income statement information from Illinois Tool Works follows.

 Partially correct Mark 4.00 out of 20.00 Remove flag Compute and

Partially correct Mark 4.00 out of 20.00 Remove flag Compute and Interpret Ratios Selected balance sheet and income statement information from Illinois Tool Works follows. S millions 2019 2018 2017 Net operating profit after tax (NOPAT) $2,453 $2,548 Net Income 2,370 2,409 Total assets 15,520 15,316 $17,283 Equity 3,117 3,352 3,352 Net operating profit after tax (NOA) 9,135 9.746 10.392 Treasury stock 17,843 16,492 14,628 a. Compute profitability measures: RNOA, RCA and ROE for 2019 and 2018 using the numbers as reported by the compar Note: Round answers to one decimal place (ex: 0.2345 = 23.5%). Metric 2019 2018 RNOA 26% 25.3% ROA 15.37% x 15.6 % X ROE 75.28 % X 0% x b. Adjust equity and total assets for the amount of treasury stock. S millions 2019 2018 2017 Assets, restated s 0 X 5 Equity, restated 0 X OX 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 RNOA 0% X 0% X ROA 0% X 0% x 0% X 2019 2018 ROE 0 % X

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