1. The reformulated financial statements of BJ Services shows net operating profit margin (NOPM) of 5.18%, net operating asset turnover (NOAT) of 1.11, return on common shareholders' equity (ROCE) of 4.31%, What is the portion of ROCE that is impacted by leverage?
A.-1.44%
B.-2.07%
C.11.20%
D.27.51%
2. The reformulated financial statements for Walgreen, Inc., report net sales of $67,420 million, net operating profit after tax (or operating income) of $2,145 million, net operating assets of $14,921 million. The previous year's balance sheet reports net operating assets of $14,140 million. Walgreen's net operating asset turnover for the current year is:
A.3.2%
B.6.96
C.4.52
D.4.64