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Analyzing a change in core operating profitability easy the

Question: Analyzing a Change in Core Operating Profitability (Easy) The following numbers were calculated from the financial statements for a firm for 2012 and 2011:

Calculate core return of net operating assets (core RNOA) and show how much of its change from 2011 to 2012 is due to the change in profit margin and the change in asset turnover. Box 13.7 will help you.

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