Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data
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 $24,643 $33,463 1,301 1,074 2,305 2,825 24,009 68,484 6,536 17,147 22% 19% 18.56% 5.86% Total revenue Pretax net nonoperating expense Net income Average operating assets Average operating liabilities Marginal tax rate Return on equity 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 Denominator Numerator RNOA HAL SLB HAL SLB + 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 Denominator Numerator NOPM HAL SLB + = + + % % 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 NOAT Numerator Denominator + % %
Step by Step Solution
★★★★★
3.32 Rating (158 Votes )
There are 3 Steps involved in it
Step: 1
Net Operating Profits after tax Net Income after tax Marginal Tax Rate Net Income before tax Add Pre ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started