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.

$ millions

May 31, 2015 May 31, 2014

Operating assets $62,090 $57,002

Nonoperating assets $54,368 $38,819

Total assets $116,458 $95,821

Operating liabilities $20,180 $19,055

Nonoperating liabilities $41,958 $24,097

Total liabilities $62,138 $43,152

Total Oracle stockholders' equity $54,320 $52,669

Total revenues $38,559

Operating income before tax $13,993

Nonoperating expense before tax $1,037

Tax expense $3,498

Net income $9,458

a. Compute return on equity (ROE)

Round answer totwo decimal places(ex: 0.12345 = 12.35%)

Answer

%

b. Compute return on net assets (ROA)

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

Answer

%

c. Compute return on net operating assets (RNOA)

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

Answer

%