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Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder. $ millions May

Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder. $ millions May 31, 2015 May 31, 2014

Operating assets $52,091 $47,003

Nonoperating assets 54,368 38,819

Total assets 106,459 85,822

Operating liabilities 19,725 18,600

Nonoperating liabilities 41,958 24,097

Total liabilities 61,683 42,697

Total Oracle stockholders' equity 44,776 43,125

Total revenues 38,104

Operating income before tax 13,538

Nonoperating expense before tax 1,037

Tax expense 3,520

Net income 8,981

a. Compute return on equity (ROE) Round answer to two decimal places (ex: 0.12345 = 12.35%) Answer

b. Compute return on net assets (ROA) Round answers to two decimal places (percentage ex: 0.12345 = 12.35%) Answer

c. Compute return on net operating assets (RNOA) Round answers to two decimal places (percentage ex: 0.12345 = 12.35%) Assume a 37% statutory tax rate. Answer %

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