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Compute, Disaggregate, and Interpret ROE and RNOA Headquartered in Calgary, Alberta, Husky Energy Inc. is a publicly traded, integrated energy company. Selected fiscal year balance
Compute, Disaggregate, and Interpret ROE and RNOA Headquartered in Calgary, Alberta, Husky Energy Inc. is a publicly traded, integrated energy company. Selected fiscal year balance sheet and income statement information for Husky Energy follow (Canadian $ millions). C$ millions 2018 2017 Revenues, net $17,802 Net income attributable to Husky 1, 166 Pretax NNE 189 Operating assets 25,785 $24,178 Operating liabilities 7,891 7,616 Equity attributable to Husky shareholders 15,682 14,365 Tax rate 25.00% a. Compute the 2018 return on equity (ROE) and the 2018 return on net operating assets (RNOA). Note: Do not round until your final answer. Note: Round final answer percentages to two decimal places (for example, enter 6.66% for 6.6555%). 2018 Return on equity: 0 % 2018 Return on net operating assets: 0 % 6. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT). Note: Do not round until your final answer. Note: For NOPM and RNOA, round final answer percentages to two decimal places (for example, enter 6.66% for 6.6555%). Note: For NOAT, round final amount to three decimal places (for example, enter 6.776 for 6.77555). NOPM X NOAT = RNOA 0% X 0= 0 %c. Compute the percentage of RNOA to ROE, and compute Husky's nonoperating return for 2018. Note: Round percentages to two decimal places (for example, enter 6.66% for 6.6555%). Percentage of RNOA to ROE: 0 % Nonoperating return: 0 %
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