Selected balance sheet and income statement information from Comcast Corporation for 2005 through 2007 follows ( ($)

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Selected balance sheet and income statement information from Comcast Corporation for 2005 through 2007 follows ( \(\$\) millions).

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a. Compute the 2008 return on equity (ROE) and 2008 return on net operating assets (RNOA)

b. Disaggregate the RNOA from part \(a\) into net operating profit margin (NOPM) and net operating asset turnover (NOAT).

c. Compute the percentage of RNOA to ROE. Explain the relation we observe between ROE and RNOA, and Intuit's use of equity capital.

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Financial Accounting For MBAs

ISBN: 9781934319345

4th Edition

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

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