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Compare GAAP and non-GAAP Measures FedEx Corporation reported the following in its May 31, 2019 earnings release. What amount did FedEx report as net income

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Compare GAAP and non-GAAP Measures FedEx Corporation reported the following in its May 31, 2019 earnings release. What amount did FedEx report as net income on its 2019 income statement? 5 The company's average equity was $18,587 million in 2019 . Compute its return on equity using 0 the GAAP net income, and (ii) the non-GAAP net income. 1. Compute return on equity (ROE) using the GAAP net income Note: 1. Select the appropriate numerator and denominator used to compute ROE using the GAMP net income from the drop-down menu options. 2. Enter the n dencminator amounts to compute ROE using the GAAP net income i. Compute return on equity (ROL) using the non-GAAP net income Note: 1. Select the appropriate numerator and denominator used to compute ROEusing the non GAAp net income from the dropidown menu options. 2. Enter denominator amounts to compute foE using the non-GAAP net income What amount did FedEx report as net income on its 2019 income statement? 5 The company's average equity was $18,587 million in 2019 . Compute its retum on equity using () the GAAP net income, and (ii) the non GAAP net income. L. Compute return on equity (ROE) using the GMAP net income Note: 1.Select the appropriate numerator and denominator used to compute ROE using the GAAP net income from the drop-down menu options. 2 . Enter the num denominator amounts to compute ROE using the GAAP net income. 11. Compute return on equity (ROE) using the non.GAAP net incorre Note: 1. Select the appropriate numerator and denominator used to compute ROE using the non-GAAP netincome from the drop-down menu options: 2. Enter the denominator amounts to compute ROE using the non.GAAP net income

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