Question: Return to course Question 3 Partially correct Mark 2.00 out of 6.00 Flag question Edit question Compute, Disaggregate, and interpret ROE and RNOA Graphical representations

 Return to course Question 3 Partially correct Mark 2.00 out of
6.00 Flag question Edit question Compute, Disaggregate, and interpret ROE and RNOA

Return to course Question 3 Partially correct Mark 2.00 out of 6.00 Flag question Edit question Compute, Disaggregate, and interpret ROE and RNOA Graphical representations of the Ingersoll Rand 2018 income statement and average balance sheets (2017-2018) follow. Income Statement 2018 Average Balance Sheet 2017-2018 $54.4 $7,081,5 $15,6682 $14,088.7 $4,077.7 $16,817.7 S6,830 6 $1.226.4 $1,337.6 Operating assets Nonoperating assets Operating expenses including tax on operating profit Operating liabilities Nonoperating liabilities Eaming abutable to company shareholders Company shatsholders! Noncontrolling interest Saias equly e Computer return an equity (ROE) and 2018 return on net operating assets (RNDAI Note: Round percentages to teve decimal places (for exam antas fon 65550 Return on E39 Managing Return to course Operating expenses including tax on operating profit Operating liabilities Nonoperating liabilities Earing attributable to company shareholders Company shareholders Noncontrolling interest Sales equity a. Compute the 2018 return on equity (ROE) and 2018 return on net operating assets (RNOA). Note: Round percentages to two decimal places (for example, enter 6.66% for 6.6555%). Return on Equity: 18.89 96 Return on net operating assets: 7.95 X% b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT). Note: For NOPM and RNOA, round percentages to two decimal places (for example, enter 6.66% for 6.6555%) Note: For NOAT, round amount to three decimal places (for example, enter 6.776 for 6.77555). NOPM X NOAT 10.08% X RNOA 9.39% 93.16 X- & Compute nonoperating return for 2018 Note: Round percentages to two decimal places (for example, enter 6.66% for 6.655596) 7.83 x96 HE Type bere to search O RA

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!