**Compute RNOA, Net Operating Profit Margin, and NOA Turnover**Selected balance sheet and income statement information for Netflix Inc., the world’s leading internet entertainment service, follows.| $ thousands | Ticker | 2018 Revenue | 2018 NOPAT | 2018 Net Operating Assets | 2017 Net Operating Assets ||-------------|--------|--------------|------------|--------------------------|--------------------------|| Netflix, Inc | NFLX | $5,701,757 | $543,912 | $4,261,367 | $2,620,352 |### a. Compute return on net operating assets (RNOA).**Note 1:** 1. Select the appropriate numerator and denominator used to compute RNOA from the drop-down menu options.2. Enter the numerator and denominator amounts to compute RNOA.| Numerator | Denominator | RNOA ||-----------|-------------|------|| $ | $ | % |### b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT).**Note 1:** 1. Select the appropriate numerator and denominator used to compute NOPM from the drop-down menu options.2. Enter the numerator and denominator amounts to compute NOPM.| Numerator | Denominator | NOPM ||-----------|-------------|------|| $ | $ | % |**Note 1:** 1. Select the appropriate numerator and denominator used to compute NOAT from the drop-down menu options.2. Enter the numerator and denominator amounts to compute NOAT.| Numerator | Denominator | NOAT ||-----------|-------------|------|| $ | $ | |

RNOA = NOPAT / Average net operating assetsNOPM = NOPAT / RevenueNOAT = Revenue / Average net…

Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Netflix Inc. the world's leading Internet entertainment service, follows. 2018 Net 2017 Net 2018 2018 Operating Operating NOPAT Assets Assets $ thousands Ticker Revenue Netflix, Inc NFLX $5,701,757 $543,912 $4,261,367 $2,620,352

Compute RNOA, Net Operating Profit Margin, and NOA Turnover Selected balance sheet and income statement information for Netflix Inc. the world's leading Internet entertainment service, follows. 2018 Net 2017 Net 2018 2018 Operating Operating NOPAT Assets Assets $ thousands Ticker Revenue Netflix, Inc NFLX $5,701,757 $543,912 $4,261,367 $2,620,352

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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