$\backslash$table$[[$Consolidated Statements of Income$],[$For Years ended December $31($$ millions$),2018,2017$

a$.)$ Compute net operating profit after tax $($NOPAT$)$ for $2018.$

Assume that the combined

federal and state statutory tax rate is $22\%.$

$$b$.)$ Compute net operating assets $($NOA$)$ for $2018$ and $2017.$

$$C$.)$ Compute and disaggregate $3$

M$\text{'}$s RNOA into net operating profit margin $($NOPM$)$ and net operating asset turnover $($NOAT$)$

for $2018.$ Demonstrate that

RNOA $=$ NOPM $\backslash$times NOAT.

$***$RNOA may be different from first RNOA calculation due to

rounding

d$.)$ Compute net nonoperating obligations $($NNO$)$ for $2018$ and

$2017.$ Confirm the relation: NOA

$=$ NNO $+$ Total equity

$$E$.)$ Compute return on equity $($ ROE$)$ for $2018.$

$$F$.)$What is the nonoperating return component of ROE for $2018?$