Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Nordstrom Inc., a department store retailer, follows. M4-23. LO6 Nord (JWN 2015 Net Assels $3,081 2014 Net Assets $4,744 2015 Operating Operating 2015 Sales Company ($ millions) Ticker NOPAT JWN $14,437 $679 a. Compute its 2015 return on net operating assets (RNOA). b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOA). Confirm that RNOA = NOPM NOAT