Part 1) Using COSTCO attached financial statements a) Compute net operating profit after tax (NOPAT) for 2016. Assume that the combined federal and state statutory tax rate is 37%. b) Compute Net Operating Assets (NOA) for 2016 and 2015. c) Compute and dissagregate RNOA into operating profit margin (NOPM) and net operating aset turnovr (NOAT) for 2016. Confirm that RNOA = NOPM X NOAT d) Compute the net operating obligations (NNO) fpr 2016 and 2015. Confirm the relation NOA=NNO + Total Equity e) Compute ROE for 2016 f) Infer the nonoperating return component of ROE for 2016 g) Comment on the difference between ROE and RNOA. Waht this relation suggest about the firm use of equity capital? Part 2) Using Lockheed Martin Corp financial statements and Bombardier financial statements a) Examine the companies balance sheets and statements of cash flow, Consider the source of debtwho supplies the credit?, b) Extend the analysis by computing ratios for the current and prior years for the compan(ie c) Compare the ratios over time for the companies. Are the companies more or less liquid or solvent than last year? d) Compare companies to determine which company is more liquid and solvent.