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Business, 16.02.2021 02:50 bartfrank447

49694 Direct Computation of Nonoperating Return with Noncontrolling Interest Balance sheets and income statements for Best Buy Co., Inc. follow. 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.

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