Selected balance sheet and income statement data follow for Walgreen Co$.$ for the year ended August $31,2023($in millions$).$ Use the data to calculate a$)$ return on net operating assets $($RNOA$),$ b$)$ net operating profit margin $($NOPM$),$ and c$)$ net operating asset turnover $($NOAT$).$ Confirm that RNOA $=$ NOPM $\backslash$times NOAT.

$2023$

Net Sales

$2023$

NOPAT

$2023$

Net earnings

$2023$ Operating assets

$2013$ Operating liabilities

$2022$

Net operating assets

$$72,217$

$$2,478$

$$2,450$

$$32,536$

$$10,980$

$$21,465$

Answer:

$1.$ RNOA $=$

$2.$ NOPM $=$

$3.$ NOAT $=$

$4.$ Confirm RNOA$=$NOPM X NOAT