Question
Disaggregate the RNOA for 2021 and 2020 into (i) the net operating profit margin (NOPM) and (ii) the net operating assets turnover (NOAT). Comment on
Disaggregate the RNOA for 2021 and 2020 into (i) the net operating profit margin (NOPM) and (ii) the net operating assets turnover (NOAT). Comment on why the RNOA has improved or deteriorated between the two years.
-8561 comprehensive NOPAT NOPM2021= = -1.22% sales 701797 NOPM2020=103514/653017=15.85% NOAT20215 sales =181% Avg NOA NOAT2020=276% RNOA2021 =NOPM*NOAT=-2.21% RNOA2020=43.79%Step by Step Solution
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso
6th Canadian Edition
1119731828, 9781119731825
