Selected income statement information is presented below for…
Selected income statement information is presented below for Day-Brite, Inc. Assuming a statutory tax rate of 20%, calculate the following: A. Compute the following measures for Day-Brite for 2019 NOPAT RNOA NOPM NOAT Confirm the disaggregation of RNOA Company ($ Millions) Sales NOPBT Pretax Net Nonoperating Expense Tax Expense Net Operating Assets 2019 Net Operating Assets 2018 Day-Brite $204,320 $15,120 $1,240 $1,974 $45,217 $40,743 B Given the following information for Capri Omega below, compare and contrast each ratio to those calculated for Day-Brite above. Provide at least 2 recommendations for improvement for either company. Capri NOPAT $9,785 RNOA 45.7% NOPM 13.3% NOAT 3.43