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Balance sheets and income statements for Costco Wholesale Corporation follow. / r / n Costco Wholesale Corporation Consolidated Balance Sheets ( $ millions, except par

Balance sheets and income statements for Costco Wholesale Corporation follow. /r/n Costco Wholesale Corporation Consolidated Balance Sheets ($ millions, except par value and share data) September 2,2018 September 3,2017 Current assets /r/n In 2018, Costco's return on equity (ROE) is 26.59% and its return on net operating assets (RNOA) is 26.52%. Assume that the combined federal and state statutory tax rate is 22%. a. Compute net nonoperating expense (NNE) and net operating profit after tax (NOPAT). Round to the nearest whole number, if applicable. 2018 NNE $ \times million 2018 NOPAT {\times million b. Compute net nonoperating obligations (NNO) for 2018 and 2017.[2018 NNO $ \times million; 2017 NNO $ \times million ] c. Compute financial leverage (FLEV). Round answer to four decimal places. 2018 FLEV d. Compute NNEP and Spread. Round answers to two decimal places (example: 0.12345=12.35%).2018 NNEP \times %2018 Spread \times % e. Compute the noncontrolling interest ratio (NCI ratio). Round answer to four decimal places. 2018 NCI Ratio f. Confirm the relation: ROE=[RNOA+(FLEV\times Spread )]\times NCI ratio. .2018 ROE=%=[[**+1\times ])] X \times

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