a$.$ Compute net nonoperating expense $($NNE$)$ and net operating profit after tax $($NOPAT$).$ Assume a tax rate of $22\%.$

NNE

Answer $1$

$0$

NOPAT

Answer $2$

$0$

b$.$ Compute net nonoperating obligations $($NNO$).$

Year NNO

$2018$ Answer $3$

$0$

$2017$ Answer $4$

$0$

c$.$ Compute financial leverage $($FLEV$).$

Numerator Denominator FLEV

Answer $5$

Answer $6$

Answer $7$

$0$

Answer $8$

$0$

d$.$ Compute NNEP and Spread.

Numerator Denominator NNEP

Answer $9$

Answer $10$

Answer $11$

$0$

Answer $12$

$0$

RNOA $($given$)$ NNEP Spread

Answer $13$

$0$

Answer $14$

$0$

$0$

e$.$ Compute the noncontrolling interest ratio $($NCI ratio$).$

Numerator Denominator NCI ratio

Answer $15$

$0$

Answer $16$

$0$

f$.$ Confirm the relation: ROE $=[$RNOA $+($FLEV $\backslash$times Spread$)]\backslash$times NCI ratio.

Ratio Number

ROE $($given$)$ Answer $17$

$0$

RNOA $($given$)$ Answer $18$

$0$

FLEV Answer $19$

$0$

Spread Answer $20$

$0$

NCI ratio Answer $21$

$0$

ROE

$0$c$.$ Compute financlal leverage $($FLEV$)$

d$.$ Compute NNEP and Spread.

e$.$ Compute the noncontrolling interest ratio $($NCI ratio$)$

f$.$ Confirm the relation: ROE RNOA $+($FLEV $$ Spresd