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Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data

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Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions Total revenue Pretax net nonoperating expense Net income Average operating assets Average operating liabilities Marginal tax rate Return on equity HAL SLB $24,661 $33,481 1,319 1,092 2,323 2,843 24,027 68,502 6,554 17,165 22% 18.56% 19% 5.86% a. Compute return on net operating assets (RNOA) for each company. Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute RNOA. Company Numerator RNOA Denominator HAL SLB 0 0 = 0 0 % % b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company. Note: 1. Select the appropriate numerator and denominator used to compute NOPM from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute NOPM. Company Denominator Numerator NOPM HAL SLB 0 0 0 0 % % Note: 1. Select the appropriate numerator and denominator used to compute NOAT from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute NOAT. Company NOAT Numerator Denominator HAL SLB 0 0 0 0

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