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This question has been posted and incorrectly answered four times. Please help. Question 7 Partially correct Mark 2.00 out of 6.00 P Flag question Compute,
This question has been posted and incorrectly answered four times. Please help.
Question 7 Partially correct Mark 2.00 out of 6.00 P Flag question Compute, Disaggregate, and Interpret RNOA of Competitors Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions Total revenue Pretax net nonoperating expense Net income Average operating assets Average operating liabilities Marginal tax rate Return on equity HAL SLB $23,995 $32,815 653 426 1,657 2,177 23,361 67,836 5,888 16,499 22% 19% 18.5696 5.86% a. Compute return on net operating assets (RNOA) for each company. b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company. Do not round until your final answer. Round answers to two decimal places (percentage example: 0.12345 = 12.35%). RNOA NOPM HAL 10.31 % X 7.51 % X 1.37 SLB 4.11 % x 6.43 96 x 0.64 NOAT CheckStep by Step Solution
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