Calculate the return on net operating assets

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Question - The following shows an extract of the reformulated financials of Fula PLC

 

2012 £'000

2011 £'000

Net operating assets

2,400

1,900

Net financial obligations

1,200

1,000

Common Shareholders' Equity

1,200

900

The earnings from operating assets for 2012 were £280,000.

Required - Calculate the Return on Net Operating Assets (RNOA) using average book values.

Reference no: EM133121587

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