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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 HAL SLB $24,679 $33,499 1,337 1,110 2,341 2,861 24,045 68,520 Average operating liabilities 6,572 17,183 22% 19% 18.56% 5.86% Marginal tax rate Return on equity 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 Denominator Numerator RNOA HAL SLB NOPAT Average NOA 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 NOPAT Total revenue 0 0 0 0 % % SLB 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 Denominator HAL SLB Numerator Total revenue Average NOA 0 0 0 0 NOAT

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