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Selected information from TABREED company is presented below: NOA turnover: 2 NOP A T margin: 5% Leverage ratio (average NFO/average common equity): 1.8 Spread: 5.6%

Selected information from TABREED company is presented below:

NOA turnover: 2
NOP A T margin: 5%
Leverage ratio (average NFO/average common equity): 1.8
Spread: 5.6%

Compute RNOA

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