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the two components equals M3-23. Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Netflix Inc. the
the two components equals M3-23. Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Netflix Inc. the world's leading Inter entertainment service, follows. 2018 2018 Net Operating Assets 2017 Net Operating Assets NOPAT 2018 Revenue Ticker S thousands NFLX $15,794,341 $1,506,681 $11,804,340 $7,258,593 Netflix, Inc. a. Compute return on net operating assets (RNOA). b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT). Confirm that RNOA = NOPM NOAT
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