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Question 2 Incorrect Mark 0.00 out of 6.00 Flag question Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in the oil field
Question 2 Incorrect Mark 0.00 out of 6.00 Flag question 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 $29,994 $41,019 Pretax net nonoperating expense 816 533 Net income 1,988 2,612 Average operating assets 28,033 81,403 Average operating liabilities 7,360 20,624 Marginal tax rate 2296 1996 Return on equity 18.5696 5.8696 a. Compute return on net operating assets (RNOA) for each company. b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company. Do not round until your final answer. Round answers to two decimal places (percentage example: 0.12345 = 12.35%). HAL 096 X 0 % X NOPM 096 x 096 X NOAT SLB RNOA OX
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