Question: Directly Compute Nonoperating Return with Noncontrolling Interest Selected balance sheet and income statement information from Abbott Laboratories for 2018 follows ($ millions). Compute the following

Directly Compute Nonoperating Return with Noncontrolling Interest Selected balance sheet and income statement information from Abbott Laboratories for 2018 follows (\$ millions). Compute the following measures a through h. a. Return on equity = (Net income attributable to Company shareholders/Average equity attributable to Company shareholders) Net income attributable to Company shareholders Average equity attributable to Company shareholders b. RNOA= NOPAT/Average NOA c. Nonoperating return =ROERNOA d. NNEP = NNE/Average NNO e. Spread = RNOA NNEP f. FLEV = Average NNO/ Average total equity g. NCI ratio = (Net income attributable to Company shareholders/Net income)/(Average equity attributable to Company shareho Net income attributable to Company shareholders/Net income Average equity attributable to Company shareholders/Average total h. ROE=(RNOA+( Spread FLEV))NCI ratio. Final ROE number will be off because of rounding ROE may be different from part a. due to rounding
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