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I keep getting answers: 3,5 and 9,11 incorrect and everything else is correct. Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in

I keep getting answers: 3,5 and 9,11 incorrect and everything else is correct.

Compute, Disaggregate, and Interpret RNOA of Competitors

Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements.

$ millions HAL SLB
Total revenue $23,995 $32,815
Pretax net nonoperating expense 653 426
Net income 1,657 2,177
Average operating assets 23,361 67,836
Average operating liabilities 5,888 16,499
Marginal tax rate 22% 19%
Return on equity 18.56% 5.86%

a. Compute return on net operating assets (RNOA) for each company.

Note: 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute RNOA.

Company Numerator Denominator RNOA

Answer 1Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

Answer 2Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

HAL

Answer 3

Answer 4

SLB

Answer 5

Answer 6

b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company.

Note: 1. Select the appropriate numerator and denominator used to compute NOPM from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute NOPM.

Company Numerator Denominator NOPM

Answer 7Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

Answer 8Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

HAL

Answer 9

Answer 10

SLB

Answer 11

Answer 12

Note: 1. Select the appropriate numerator and denominator used to compute NOAT from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute NOAT.

Company Numerator Denominator NOAT

Answer 13Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

Answer 14Average assetsAverage equityAverage NOANet incomeNOPATNOPBTTotal revenueNet nonoperating profit before taxTax on operating profitTax shield

HAL

Answer 15

Answer 16

SLB

Answer 17

Answer 18

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