Directly Compute Nonoperating Return with Negative NNO Selected balance sheet and income statement information from Amgen Inc. for 2018 follows ($ millions). Net income $8,394 Net operating profit after tax (NOPAT) 8,954 Net nonoperating expense (NNE) 560 Average net operating assets (NOA) 18,015 Average net nonoperating obligations (NNO) (856) Average total equity 18,871 Compute the following measures. a. Return on equity = Net income/Average total equity Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 0 %6 b. RNOA = NOPAT/Average NOA Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 0 c Nonoperating return = ROERNOA Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). d. NNEP = NNE/Average NNO Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 0 96 e. Spread RNOA - NNEP Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 0 96 1.FLEV = Average NNO/Average total equity Note: Round amount to two decimal places (for example, enter 6.78 for 6.77555). 0 g. ROERNOA+ (Spread * FLEV) Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). %6 0