Q. Use the following income statement for Aegis Corp to compute the following. Assume ONOA was $3,788,402 average shareholders' equity was $2,400,287 a. Tax shield b. Taxes on operating profit c. Tax rate on operating profit d. NOPAT e. RNOA f. Non-operating ROE The company's statutory tax rate is 37%. AEGIS CORP and Subsidiaries Consolidated Statement of Income For the year ended December 31, 2016 Net sales $ 6,700,892 Cost of sales 3.206.800 Gross profit 3,494,092 Advertising and promotion expenses 750,600 Other selling and administrative expenses 1.960,560 Operating income 782,932 Interest expense 72,800 Interest (income) (1,404) Other nonoperating (income), net (2.662) Income before income taxes 714,198 Provision for income taxes 260,008 Net income $ 454,190 Q. Use the following income statement for Aegis Corp to compute the following. Assume ONOA was $3,788,402 average shareholders' equity was $2,400,287 a. Tax shield b. Taxes on operating profit c. Tax rate on operating profit d. NOPAT e. RNOA f. Non-operating ROE The company's statutory tax rate is 37%. AEGIS CORP and Subsidiaries Consolidated Statement of Income For the year ended December 31, 2016 Net sales $ 6,700,892 Cost of sales 3.206.800 Gross profit 3,494,092 Advertising and promotion expenses 750,600 Other selling and administrative expenses 1.960,560 Operating income 782,932 Interest expense 72,800 Interest (income) (1,404) Other nonoperating (income), net (2.662) Income before income taxes 714,198 Provision for income taxes 260,008 Net income $ 454,190