Question: Below is selected information from Tricrop Net operating assets common equity Net operating profit margin Income tax rate Revenues average net operating assets EBIT revenues
Below is selected information from Tricrop Net operating assets common equity Net operating profit margin Income tax rate Revenues average net operating assets EBIT revenues Year 1 1.37 19. 47. 0.81 Year 2 1.53 2106 28. 0.61 38% 32% Return on net operating assets (RONA) for Year 2 is: 19.5% 93.3% 49.0% 12.8%
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