E6-32. Computing NOPAT, NOPM, and RNOA LVMH Mot Hennessy Louis Vuitton SE (LVMH) is a French multinational luxury goods conglomer- ate headquartered in Paris. The following information is selected from their 2017 annual report. ( millions) 2017 2016 42,636 8,113 179 Revenue.............................................. Operating income... Net interest expense and other nonoperating charges. . Net income...... Operating assets ... Operating liabilities. ..... 37,600 6,904 432 4,363 58,504 24,340 5,616 67,246 26,714 LVMH has an income tax rate of approximately 30%. a. Compute LVMH's net operating profit after taxes (NOPAT) for 2017 and 2016. b. Compute LVMH's net operating profit margin (NOPM) for each year. c. Compute LVMH's return on net operating assets (RNOA) for 2017