Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a Screen Shot 2018-09-22 at 6.21.40 PM Search Compute and Compare ROE, ROA, and RNOA Selected balance sheet and income statement information for Oracle Corporation
a Screen Shot 2018-09-22 at 6.21.40 PM Search Compute and Compare ROE, ROA, and RNOA Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder $ millions Operating assets Nonoperating assets Total assets May 31, 2015 May 31, 2014 $49,225 38,819 88,044 18,710 24,097 42,807 45,237 Screen Shot 2018-09-22 at 6.21.53 PM $54,313 54,368 108,681 19,835 41,958 61,793 46,888 38,214 13,816 1,037 3,868 8,911 a. Compute return on equity (ROE) Round answer to two decimal places (ex: 0.12345-12.35%) 19.35 Operating liabilities Nonoperating liabilities Total liabilities b. Compute return on net assets (ROA) Round answers to two decimal places (percentage ex: 0.12345-12.35%) 9.06 Total Oracle stockholders' equity C. Compute return on net operating assets (RNOA) Round answers to two decimal places (percentage ex: 0.12345-12.35%) Total revenues Operating income before tax Nonoperating expense before tax Tax expense Net income 31.44 Check You have correctly selected 2. a. Compute return on equity (ROE) Round answer to two decimal places (ex: 0.12345-12.35%) Partially correct Marks for this submission: 6.06/9.09 19.35
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started