M3-22. Compute RNOA with Disaggregation Refer to the balance sheet and income statement information for Home Depot

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M3-22. Compute RNOA with Disaggregation Refer to the balance sheet and income statement information for Home Depot from M3-20.

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

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

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Financial Statement Analysis And Valuation

ISBN: 9781618533609

6th Edition

Authors: Peter D. Easton, Mary Lea Mcanally, Gregory A. Sommers

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