Question: Compute and Compare ROE, ROA, and RNOA Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective

Compute and Compare ROE, ROA, and RNOA

Selected balance sheet and income statement information for Oracle Corporation follows. (Perform the required computations from the perspective of an Oracle shareholder.

$ millionsMay 31, 2015 May 31, 2014

Operating assets$56,535 $51,447

Nonoperating assets54,368 38,819

Total assets110,903 90,266

Operating liabilities19,847 18,722

Nonoperating liabilities41,958 24,097

Total liabilities61,805 42,819

Total Oracle stockholders' equity48,663 46,878

Total revenues38,226

Operating income before tax13,871

Nonoperating expense before tax1,037

Tax expense2,896

Net income9,938

c. Compute return on net operating assets (RNOA)

Round answers to two decimal places (percentage ex: 0.12345 = 12.35%)

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