Round all answers to


two decimal places


(ex: 0.12345 = 12.35%)

a. Compute return on equity.

Answer:

b. Compute return on net operating assets (RNOA).

Answer:

c. Use ROE and RNOA to determine the nonoperating return for the year.

Answer:

d. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA.

NOPM Answer:

NOAT Answer:

RNOA Answer: