a. Use ROE and RNOA to determine the nonoperating return. STRYKER CORPORATION Consolidated Balance Sheets $...
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a. Use ROE and RNOA to determine the nonoperating return. STRYKER CORPORATION Consolidated Balance Sheets $ millions Nonoperating return = ROE-RNOA = b. Compute FLEV ROE (from Review 1) RNOA (from Review 6) c. Compute NNEP d. Determine Spread as RNOA - NNEP e. Demonstrate that ROE = RNOA + (Spread X FLEV) ROE = RNOA = Spread = FLEV= ROE calculated= Dec. 31, 2018 32.73% 22.62% 10.11% ||| 00 a. Use ROE and RNOA to determine the nonoperating return. STRYKER CORPORATION Consolidated Balance Sheets $ millions Nonoperating return = ROE-RNOA = b. Compute FLEV ROE (from Review 1) RNOA (from Review 6) c. Compute NNEP d. Determine Spread as RNOA - NNEP e. Demonstrate that ROE = RNOA + (Spread X FLEV) ROE = RNOA = Spread = FLEV= ROE calculated= Dec. 31, 2018 32.73% 22.62% 10.11% ||| 00
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