Question
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
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
May 31, 2015 May 31, 2014
Operating assets $56,535 $51,447
Non-operating assets 54,368 38,819
Total assets 110,903 90,266
Operating liabilities 19,847 18,722
Non-operating liabilities 41,958 24,097
Total liabilities 61,805 42,819
Total Oracle stockholders' equity 48,663 46,878
Total revenues 38,226
Operating income before tax 13,871
Nonoperating expense before tax 1,037
Tax expense2,896Net income 9,938
a. Compute return on equity (ROE)
Round answer to two decimal places (ex: 0.12345 = 12.35%)
Answer
0.00 points out of 1.00
%
b. Compute return on net assets (ROA)
Round answers to two decimal places (percentage ex: 0.12345 = 12.35%)
Answer
0.00 points out of 1.00
%
c. Compute return on net operating assets (RNOA)
Round answers to two decimal places (percentage ex: 0.12345 = 12.35%)
Answer
0.00 points out of 1.00
%
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