Requirement:A
| Return on Net Operating Assets [1506681/9531467] | 15.8% |
Working:
| Return on Net Operating Assets [1506681/9531467] | 15.8% |
| Opening Net operating assets | $ 11,804,340 |
| Closing Net operating assets | $ 7,258,593 |
| Average Net operating Assets [11804340+7258593]/2 | $ 9,531,467 |
Requirement:B
| NOPM | * | NOAT | = | RNOA |
| 9.5% | * | 1.66 | = | 15.8% |
Working:
| NOPM | * | NOAT | = | RNOA |
| 1506681/15794341 | * | 15794341/9531467 | = | 9.5%*1.66 |
Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information...
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Graphical representations of the Ingersoll Rand 2018 income
statement and average balance sheets (2017-2018) follow.
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Graphical representations of the Ingersoll Rand 2018 income
statement and average balance sheets (2017-2018) follow.
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