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Directly Compute Nonoperating Return with Noncontrolling Interest Selected balance sheet and income statement information from...

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Accounting

image Directly Compute Nonoperating Return with Noncontrolling Interest Selected balance sheet and income statement information from Abbott Laboratories for 2018 follows (\$ millions). Compute the following measures a through h. a. Return on equity = (Net income attributable to Company shareholders/Average equity attributable to Company shareholders) Net income attributable to Company shareholders Average equity attributable to Company shareholders ROE $ $ % b. RNOA=NOPAT/ Average NOA c. Nonoperating return =ROERNOA d. NNEP = NNE/Average NNO e. Spread = RNOA - NNEP f. FLEV= Average NNO/Average total equity g. NCl ratio = (Net income attributable to Company shareholders/Net income)/(Average equity attributable to Company shareholder Net income attributable to Company shareholders/Net income Average equity attributable to Company shareholders/Average total eq h. ROE=(RNOA+( Spread FLEV))NCl ratio. Final ROE number will be off because of rounding % ROE may be different from part a. due to rounding

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