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QUESTION 18 The fiscal 2013 financial statements of Walt Disney Co. show net operating profit margin (NOPM) of 5.46%, net operating asset turnover (NOAT) of

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QUESTION 18 The fiscal 2013 financial statements of Walt Disney Co. show net operating profit margin (NOPM) of 5.46%, net operating asset turnover (NOAT) of 1.18, return on equity of 6.3%, and adjusted return on assets of 4.55%. What is the company's nonoperating return? (Write your answer in percent omit the "%" sign, and round your answer to two decimal places. For example, if your answer is 0.538, type in 53.80) QUESTION 19 In spring 2017, Parmac Engineering Company signed a $240 million contract with the city of Parkersburg, to construct a new city hall, Parmac expects to construct the building within two years and incur expenses of $180 million. The city of Parkersburg paid $60 million when the contract was signed, $120 million within the next six months, and the final $60 million exactly one year from the signing of the contract. Parmac incurred $72 million in costs during 2017 and rest in 2018 to complete the contract on time. Using the cost to cost method how much revenue should Parmac recognize in 2018? $ 60 million $108 million $ 96 million $144 million

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