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  1. business
  2. accounting
  3. 2018 2017 c$ millions revenues, net net income att

2018 2017 C$ millions Revenues, net Net income attributable to Husky Pretax NNE $22,252 1,457...

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Accounting

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2018 2017 C$ millions Revenues, net Net income attributable to Husky Pretax NNE $22,252 1,457 236 Operating assets Operating liabilities Equity attributable to Husky shareholders Tax rate 32,231 $30,222 9,864 9,520 19,602 17,956 27.20% a. Compute the 2018 return on equity (ROE) and the 2018 return on net operating assets (RNOA). Note: Round percentages to two decimal places (for example, enter 6.66% for 6.6555%). 2018 Return on equity: 7.76 % 2018 Return on net operating assets: 4.92 X % b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT). Note: For NOPM and RNOA, round percentages to two decimal places (for example, enter 6.66% for 6.6555%). Note: For NOAT, round amount to three decimal places (for example, enter 6.776 for 6.77555). X NOAT = RNOA NOPM 4.77 % X X 99.48 x = 4.74% x C. Compute the percentage of RNOA to ROE, and compute Husky's nonoperating return for 2018. Note: Round percentages to two decimal places (for example, enter 6.66% for 6.6555%). Percentage of RNOA to ROE: 87.62 X % Nonoperating return: 1.02 X %

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