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when I posted this question, i got these answers as a result, but they are still wrong. Please help with this one. Thanks! Compute, Disaggregate,
when I posted this question, i got these answers as a result, but they are still wrong. Please help with this one. Thanks!
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 HAL SLB Total revenue $29,994 $41,019 Pretax net nonoperating expense 816 533 Net income 1.988 2,612 Average operating assets 28,033 81,403 Average operating liabilities 7,360 20,624 Marginal tax rate 22% 19% Return on equity 18.56% 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 7.09 % X 6.63 % x 1.07 x SLB 3.21 % * 6.37 % * 0.5 X NOAT CheckStep by Step Solution
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