What is the return on net operating assets for year 1


Below is selected information from Tripe Corp:

Year 1 Year 2
Net operating assets /common equity 1.37 1.53
Net operating profit margin 19% 21%
Income tax rate 47% 28%
Revenues/net operating assets 0.81 0.61
EBIT/revenues 38% 32%

what is the Return on Net Operating Assets for Year 1 ?

 

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Accounting Basics: What is the return on net operating assets for year 1
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