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4. Compute the net operating profit margin (NOPM) and net operating asset turnover (NOAT) components of Molson Coors' RNOA for 2013 and 2012. Use the

4. Compute the net operating profit margin (NOPM) and net operating asset turnover

(NOAT) components of Molson Coors' RNOA for 2013 and 2012. Use the

components to explain the change in RNOA from 2013 to 2012. Note: 1) to simplify

the analysis, use year-end values for net operating assets rather than averages; 2)

use "Net sales" not "Sales" to compute ratios.

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