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Compute, Disaggregate, and Interpret RNOA of CompetitorsHalliburton and Schlumberger compete in the oil field services sector. Refer to the following 2 0 1 8 financial

Compute, Disaggregate, and Interpret RNOA of CompetitorsHalliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements.$ millionsHALSLBTotal revenue$23,995$32,815Pretax net nonoperating expense653426Net income1,6572,177Average operating assets23,36167,836Average operating liabilities5,88816,499Marginal tax rate22%19%Return on equity18.56%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.

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