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Graphical representations of the Ingersoll Rand 2018 income statement and average balance sheets (2017-2018) follow. Compute, Disaggregate, and Interpret ROE and RNOA Graphical representations of
Graphical representations of the Ingersoll Rand 2018 income statement and average balance sheets (2017-2018) follow.
Compute, Disaggregate, and Interpret ROE and RNOA Graphical representations of the Ingersoll Rand 2018 income statement and average balance sheets (2017-2018) follow. Income Statement 2018 Average Balance Sheet 2017-2018 $54.4 $7,081,5 $15,668 2 $14,088.7 $4,077.7 $16,817.7 $6,830,6 $1,226.4 $1,337,6 Operating assets Nonoperating assets Operating expenses including tax on operating profit Operating liabilities Nonoperating liabilities Earning attributable to company shareholders Company shareholders Noncontrolling interest Sales equity a. Compute the 2018 return on equity (ROE) and 2018 return on net operating assets (RNOA). Note: Round percentages to two decimal places (for example, enter 6.66% for 6.65554). Return on Equity X Return on net operating assets: 0 X b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT). Note: For NOPM and RNOA, round percentages to two decimal places (for example, enter 6.66% for 6.6555%). Note: For NOAT, round amount to three decimal places (for example, enter 6.776 for 6.77555). NOPM X NOAT -RNOA 0XX OX- OMX c. Compute nonoperating return for 2018. Note: Round percentages to two decimal places (for example, enter 6.66% for 6,6555%) Step by Step Solution
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