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Required: a. Compute net operating profit after tax (NOPAT) for 2016 and 2015. Assume that combined federal and state statutory tax rates are 37% for

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Required: a. Compute net operating profit after tax (NOPAT) for 2016 and 2015. Assume that combined federal and state statutory tax rates are 37% for both years. b. Compute net operating assets (NOA) for 2016 and 2015. c. Compute return on net operating assets (RNOA) for 2016 and 2015. Net operating assets are $397,299 thousand in 2014. d. Compute return on common shareholders equity (ROE) for 2016 and 2015. Stockholders' equity attributable to New York Times Company in 2014 is $726,328 thousand. e. What is nonoperating return component of ROE for 2016 and 2015? f. Comment on the difference between ROE and RNOA. What inference do you draw from this comparison

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