Question: Below is selected information from Tricrop. Year1 Year 2 Net operating assets/common equity1.37 1.53 19% 47% 0.81 21% 28% 0.61 Net operating profit margin Income

Below is selected information from Tricrop. Year1 Year 2 Net operating

Below is selected information from Tricrop. Year1 Year 2 Net operating assets/common equity1.37 1.53 19% 47% 0.81 21% 28% 0.61 Net operating profit margin Income tax rate Revenues/average net operating assets EBIT/revenues 38% 32% MC8.2. Return on net operating assets for Year 1 is: A. 30.8%. B. 16.3%. C. 15.4%. D. 14.5%. MC8.3.Return on common equity for Year 1 is: A. 19.0%. B. 19.60%. C. 21.08%. D. 26.03%

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