subject
Business, 18.02.2021 21:30 faithrawlins14

Assume that Best Buy Co's return on equity (ROE) for 2010 is 24.03% and its return on net operating assets (RNOA) is 21.08%. Assume that the combined federal and state statutory tax rate is 37%. a. Compute net nonoperating expense (NNE) and net operating profit after tax (NOPAT). Assume that Equity and other investments are operating. Round to the nearest whole number, if applicable.
2010 NNE - ($ millions)
2010 NOPAT - ($ millions)
b. Compute net nonoperating obligations (NNO) for 2010 and 2009.
2010 NNO $ millions)
2009 NNO- ($ millions)
c. Compute financial leverage (FLEV). Round answer to four decimal places.
2010 FLEV =
d. Compute NNEP and Spread. Round answers to two decimal places (example: 0.12345 = 12.35%).
2010 NNEP = %
2010 Spread = 0 46
e. Compute the noncontrolling interest ratio (NCI ratio). Round answer to four decimal places.
2010 NC ratio =
f. Confirm the relation: ROE = [RNOA + (FLEV * Spread)] * NCI ratio.
2010 ROE =___ % =0 9+10 ΧΟ %)] x 0

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period
Answers: 3
question
Business, 22.06.2019 01:30
Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout
Answers: 1
question
Business, 22.06.2019 11:40
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
Answers: 3
question
Business, 22.06.2019 12:30
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
You know the right answer?
Assume that Best Buy Co's return on equity (ROE) for 2010 is 24.03% and its return on net operating...
Questions
question
Mathematics, 11.06.2020 17:57
question
Mathematics, 11.06.2020 17:57