Return on net operating assets ( RNOA = NOPAT/Average NOA) is commonly used to evaluate a companies financial performance. If managers cannot increase NOPAT, they can still increase RNOA by reducing the amount of net operating assets (NOA).

Listed below are four operating items that can be effectively managed to reduce operating assets, and/or increase RNOA:

Inventories
Accounts Receivable
Plant, Property, and Equipment (fixed assets)
Accounts Payable
List and explain ONE action you would take, for EACH operating item above, to increase RNOA and/or reduce net operating assets (NOA). In your response, you should have ONE action item for EACH operating item listed.

Answers

Answer 1

Implementing just-in-time inventory management, improving collections, optimizing asset utilization, and negotiating favorable payment terms can reduce net operating assets and increase the return on net operating assets (RNOA).

1. Inventories:

Implement just-in-time (JIT) inventory management to closely monitor customer demand and adjust production schedules accordingly, minimizing inventory levels and reducing net operating assets.

2. Accounts Receivable:

Implement stricter credit policies, conduct credit checks on customers, set clear payment terms, and actively follow up on overdue payments to reduce the average collection period and improve cash inflows, thus reducing net operating assets.

3. Plant, Property, and Equipment:

Optimize asset utilization by assessing existing assets, disposing of underutilized or obsolete equipment, and making efficient use of remaining assets. This reduces the book value of fixed assets and lowers net operating assets.

4. Accounts Payable:

Negotiate favorable payment terms with suppliers to extend payment terms without penalties, allowing for delayed cash outflows and retaining funds for other operational needs. This reduces accounts payable and decreases net operating assets.

By effectively managing inventories, accounts receivable, fixed assets, and accounts payable, companies can reduce net operating assets and increase their return on net operating assets (RNOA). These actions optimize working capital, improve cash flow, and enhance overall financial performance. However, it's crucial to strike a balance between reducing net operating assets and maintaining operational efficiency and customer satisfaction. A holistic approach to managing these operating items will help companies achieve a higher RNOA and drive sustainable financial success.

To know more about RNOA, visit:

https://brainly.com/question/34026164

#SPJ11


Related Questions

What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?

Answers

Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.

After learning about social media ethics, what 5 things would you tell other high school students positive or negative about social media and how it will potentially affect their high school experience and their potential career?

Answers

1. A positive is meeting and learning from new people 2. social media Can be dangerous to mental health 3 Stay in touch with distant people 4. Learn subjects 5. What you say online can bite you on the butt

Which one of the following businesses would you classify as being in the secondary sector of industry?

A) Oil exploration company
B) Family run farm business
C) Taxi operating business
D) Shoe manufacturer

Answers

Answer:

shoe manufacturer

Explanation:

Max works at Pizza Palace 20 hours each week at a rate of $10 per hour. He is paid every two week. Calculate his gross and net pay. (Social Security 6.2%, Medicare 1.45%, and Federal and State Tax 10%)

Answers

Answer:

$329.4

Explanation:

Max earns $10 per hour. If he works for 20 hours each week, his weekly pay will be $10  times 20 hours

=$10 x 20 hours

=$200

He is paid every two weeks. His gross pay is $400. ($200 x 2)

Net pay would be gross pay -deductions

Deductions.

Social security

= 6.2% x  $400

=$24.8

medicare

=1.45% x $400

=$5.8

Federal and State Tax

=10% x $400

=$40

Total deductions = $24.8 +$5.8 +$40=$70.6

Net pay =$400 -$70.6

=  $329.4  

Calculate the 4-day moving average for the following data (Remember that
you're finding 4 different averages)"
1
2
3
4
$182.60
$172.95
$160.08
$175.83
$152.01
$157.89
$148.48
5
6
7
Your answer

Answers

Answer:

116 . 100. 560 . 58

257 . 1100. 342 . 186

Which of the following occupations is most responsible for ensuring the quality and safety of the food
supply chain?
O chefs
O farmers
O grocery store owners
O food processors

Answers

I would say farmers because all of they rely on their food producs

Answer: I am pretty sure the answer the answer would be the farmers

Explanation: the food comes form the farmers, including meats, veggies, fruits, well you get the point. And if there is something bad with one of the meat animals, they are in charge of not selling the "bad meat" to any stores or big meat companies

Which of the following vehicles would have a lower insurance premium?
O A brand new SUV
O A used town car

Answers

Answer:

A used town ca

Explanation:

Because its used and that insures that it works so it makes the insurance go down

The correct answer is option B.

A used town car would have a lower insurance premium.

Insurance premium

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance.

What is an example of a premium in insurance?

A premium is the price of the insurance you've chosen, charged by your insurance company. A deductible is an amount you have to pay before your insurance company initiates coverage. For example, if your car insurance premium is $800 per year, you must pay your insurer $800 per year to have the insurance.

Learn more about insurance premiums here https://brainly.com/question/25280754

#SPJ2

After adjusting your seat, your _____ should be as close as possible to the backrest.
A. hands
B. arms
C. bottom
D. legs

Answers

Answer:

C. Bottom is the answer

Explanation:

My parents would always yell at me to scooch backwards in the car if I was leaning too far forward. I don't need to know how to drive to know this.

This is a question about driving right? Lol, cause if it's not, sorry.

Helppp please
The fact that a country has less strict labor laws and relaxed environmental regulations are strong reasons for a
company to move production facilities to that country.
True
False

Answers

The answer has to be true

Answer:true

Explanation: I just took the test

Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser

Answers

Answer:

multinational

Explanation:

A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.

By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.

Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.

Answers

Answer:

B

Explanation:

I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.

WILL MARK BRANLIEST!!!!!
Which portion would not be part of an investment portfolio? (Select the best answer.) commodities funds

a savings account

a savings 529 plan

equity investments in a company

Answers

Answer:

a savings 529 plan

Hope this helps plz mark me brainliest

Answer:

A savings account

Explanation:

Took the quiz

Which of the following is NOT a deception method of customers
A)Warning label
B)Pigeon Drop
C)Ponzi Scheme
D)Bait and Switch

Answers

So i feel the answer to this is obvious because a warning label is not meant to trick a consumer so the answer would be a since the rest are trying to bait costumers into something. hope this helps and makes sense to you.

if i post by business page will you guys follow it ?

Answers

Answer:

Yassss queeeennnn

Explanation:

jdnskakana

Explanation:

Yes i will definately follow it

Write a question keep it simple

Answers

Answer:

Why do people break up if they love each other?

Explanation:

sorry it's not simple lol

It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style

Answers

Answer:

decodes and feedback.

Explanation:

It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver.  It includes information and communication, how important and useful information is, and can be read in order to understand it.  The structure of a message is tone.

The Style includes how the sender composes and writes a message.

Message is the idea being transmitted.

A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.

Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback

Roughly, there are 3 purposes for passing message

To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.

Learn more about Communication process here

brainly.com/question/2986852

Trish bought a new computer that she has been using for a few weeks. She is starting to experience pain in her wrists, back and neck. What measure should Trish take to reduce strain while working on the computer?

A. complete all her work soon on the computer by sitting at a stretch
B. maximize the brightness of the screen to concentrate better
C. ensure back support by using cushions
D. keep hands and wrists stiff while typing

Answers

Answer:

C ensure back support by using cushions

Answer:

C

Explanation:

Her problem is that be back is hurting, and adding cushions will ensure back support and then that will not be a problem for her anymore.

what is the role of doctors in our society?​

Answers

Their role is to serve the society as others do basically contribution but their actual role is to help others through their medical knowledge.

Which is used to trace a check back to the account on which it was written?
Group of answer choices

a valid date

an endorsement

a bank route number

a signature

Answers

Answer:

a bank route number

Explanation:

The routing number is among the three numbers found at the bottom of a check. The routing number is at the bottom left.  It serves as an ' identity ' for your bank. The routing number enables other banks to contact your bank and collect funds from your account every time you write a check.

A routing number is a unique number for every banking institution.  The number proves that the bank is a recognized financial institution with an account with the Federal Reserve.

Why do you think economists have different belief systems/theories on economics?

Answers

Economists have different belief Systems because Economists also disagree because their methods are not good enough to reveal the whole truth. Economic theory is an attempt to explain and interpret economic data, for example, to determine the causes and effects of economic events.

Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.

Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.

By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.

By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.

Explanation:

he U.S. government's ability to pay for Social Security in the near future is a problem because:

Answers

Answer:

Our country's notional debt

Explanation:

Help me please ASAP.

Answers

your answer is D because i took the test a couple of days back

To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.​

Answers

C. balance sheets

explanation:

Question 12 When you get a vaccine, it benefits others because you can't get them sick. If left to the free market, the socially optimal amount of vaccines would be produced. vaccines would be underproduced. vaccines would be overproduced.​

Answers

Answer:

yup you are right i think so idrk

Chose one scenario and write a paragraph on why you chose it. It’s for economics please help meee

Answers

B
I would prefer to start a babysitting service in my neighborhood because I would be the only business providing this service therefore meaning there wouldn't be any competition. This means that I would be able to make more money as there would be quite a few people with children who need taking care of.

All of the following are career pathways in the Architecture and Construction
Career Cluster except.
A. Design/Pre-Construction.
B. Construction.
C. Power, Structural, and Technical Systems.
D. Maintenance/Operations.

Answers

C. Power, Structural, and Technical Systems.

correct me if im wrong

Answer:

The answer is C.

Explanation:

I took the test. Hope this helps! ;) <3

What financing source involves wealthy individuals giving their money to fund a startup?

Answers

Answer:

Angel Investors

Explanation:

Angel investment is when a person or a group of individuals use their finances to fund a startup. These investors are wealthy and consider it fit to finance entrepreneurs based on business ideas and proposals.

Angel investors usually have excess funds and willing to risk in the early stages of a startup in anticipation of bigger returns when the business succeeds. Angel investors gain percentage ownership in the business in exchange for funding. They also offer mentorship to entrepreneurs.

Two friends wanted to decide where to go for dinner. Their conversation went like this: "We need to get something to eat. How about Sharky's so we can watch the game on TV? No, Sharky's is too noisy. Ok, how about we get pizza at the Pie Hub? The Hub is great with me." In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

Answers

This question is incomplete because the options are missing; here are the options:

In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

A. A counterargument

B. The chosen alternative

C. Rejected alternative

D. A reason

E. A recognition of the need to decide

The correct answer is The chosen alternative

Explanation:

Mapping or analyzing an argument involves considering the function of each part of the argument in terms of categories such as reason, the main argument, counterargument, etc. In the case of the argument presented, the main point is where to eat. Moreover, there are two alternatives: Sharky's and Pie Hub. In this case, Sharky's is the first alternative and the rejected alternative because from the options available this is not chosen. Moreover, the second alternative is the chosen alternative; this is expressed in "The Hub is great with me" because this line shows both speakers have agreed on a place to it and this option or possible solution has been chosen.

Fractional reserve banking increases the money supply in an economy by:
A. preventing depositors from leaving a lot of money in banks.
B. requiring the government to print more money in certain
situations.
C. loaning money that would otherwise be held in a bank.
D. accepting currencies from many different countries to pay off
loans.

Answers

Answer:

C. loaning money that would otherwise be held in a bank.

Explanation:

Fractional reserve banking increases the money supply in an economy by "loaning money that would otherwise be held in a bank."

Fractional reserve banking is known as a system of banking whereby the banks hold a fraction of what customers deposit as reserves. Then the banks use the remaining to give loans and thereby creating and increasing the supply of money. Commercial banks practise this type of banking system. This tells of how commercial banks are affecting the money supply. The bank reserves are usually held as cash in the bank. It can also as balances in the bank's account at their central bank.

Answer:

C. loaning money

Explanation:

just did it on a-p-e-x

which of the following should be pracited among all co workers in the workplace
a.bullying
b.discrimination
c.stereotyping
d.tolerance

Answers

Answer:

c

Explanation:

Answer:

D. Tolerance

Explanation:

Because what, you souldnt do any of the others, dude, teachers sometimes

Other Questions
What is the value of x2+3x-7 when x = -4? Case: in HR Managment. Supporting AT&Ts Strategy for a Digital Future AT&Ts strategy is to drive the company toward a new digital future ("from cables to the cloud," to paraphrase a top manager). But what do you do with the employees hired years ago to do very different jobs? AT&T embarked on a massive retraining program, called Workforce 2020. It had three main pillars: Skill needs identification, training and development, and evaluation. First, AT&Ts managers identified the skills its employees would need for its new digital future, along with the current skills gaps, and what it called "future role profiles." These individual profiles itemized the skills the company and therefore each of its employees would need. Second, AT&T helped employees identify and obtain the required training and development. For example, it created an online employee career platform. This contains tools such as for assessing ones aptitudes against the jobs AT&T would need. It also contains online courses, ultra-short "nanodegree" training programs (on coding, for instance), and access to special online graduate and undergraduate degree programs. Third, AT&T evaluates the effectiveness of its Workforce 2020 program in terms of Activity, Hydraulics, Business Outcomes, and Sentiment. Activity means measuring things such as skills gaps. Hydraulics means people moving into new roles throughout AT&T. Business outcomes means tangible organizational improvements, for instance in efficiency. And sentiment refers to measuring attitudes such as employees inclination to recommend AT&T as a place to work. AT&Ts Workforce 2020 program enabled its current employees to develop the skills AT&Ts digital convergence strategy required. Over 140,000 employees were recently pursuing the learning they need to fill AT&Ts new jobs and roles. Based on the case study please answer the following questions: Critically analyze key theoretical approaches to the management of change occurred in AT&T discuss and evaluate the five building blocks for successful change through implementing ADKAR model on AT&T. In evidence to change suggest relevant development tools with justification. according to the passages below, what is the most important thing to gwendolen and cecily concerning the man that they eventually marry? what does this demonstrate about their values and priorities? Question 41 ptsHow many neutrons are in the atom shown in this symbol?1991909 Gold farming factories are where underpaid, young workers are placed in cramped corners, in gold mine fields, for which wealthy mine owners sell what they find, for a profit to overseas markets. True False Clients are served in a process with two resources. The firstresource has a capacity of 1.2 clients per minute. The capacity ofthe second resource is 1.3 clients per minute. The first resourcehas 1 Who are the communist Ha is referring to in the book inside out and back again You received no credit for this question in the previous attempt. 16 Dane is a single father with one qualifying dependent child. He has AGI of $154,000 and paid $9,100 to a qualified day care center for the child. What amount of child and dependent care credit can Dane receive in 2021? 8 01:58:20 Multiple Choice eBook $0. $2,800. $8.000. $9,600. O O View previous attempt Scenario 3: Suppose the maker of electronic devices bought $1 million worth of memory chips one year ago, holding them in inventory until now. Since the purchase, a more technologically advanced memory chip has been developed,permanently reducing value of the older-technology chips held in inventory to $0.70 million.2c. From an economic standpoint, what is the cost of using the chips in inventory now?(NOTE: Mark an "X" in the box to the left of your chosen answer.)a. $0b. $0.30 millionc. $0.70 milliond. $1 million2d. What are the sunk costs associated with the chips in inventory?(NOTE: Mark an "X" in the box to the left of your chosen answer.)a. $0b. $0.30 millionc. $0.70 milliond. $1 million Explain the purpose of operational accountability and the purpose of fiscal accountability. Which category of financial statements is most useful in reporting on each of these accountability concepts?Under GASB guidance, when should an item be recognized on the face of the financial statements? Under what conditions would the GASB indicate that a note disclosure should accompany an item that has been recognized on the financial statements? Reorder the steps of the proof to make sure that steps that are logically dependent on prior steps are in the proper order. A golf specialty wholesaler operates 50 weeks per year. Management is tryng to determine an irventory policy for its t. itons, which have the following characteristics>Demand(D)=2,000untslyear>Demand is normally distributed>Standard deviation of weekby demand=3units>Ordening cost=$3Diordet * Annual holding cost(H)=5600ount>Destred cycle-servce lavel=90%>Lead time(L)=4weeks Refer to the standard nomal table for z-values a. It the company uses a peniodic review system, P should be 4 weeks. (Enter your response rounded to the nearest whole number) T should be inits (Enter your response rounded to the nearest whock number) b. I the company uses a continuous revew system,Rshoud be 168 units. (Enfer your response rounded to the nearest whate number) write about Saudi Araibia and UK about collectivism andindividualism 1. 2. 3. 4. Which of the following is an example of a product that would be sold in the consumer market? a. a steeple specially designed for a church in Monroe, Louisiana b. masking tape used to hang 17. If cupcakes and cappuccinos are complements, what would happen to the equilibrium price and quantity of cappuccinos if the price of cupcakes falls? a. Both the equilibrium price and quantity would What is global citizenship and global mindset and why are theyboth becoming increasingly relevant and important? PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCEA company is giving away a free stuffed bear to promote its new store. Even if the bear is free for you, the item still cost money to make, as someone spent time, labor, and resources on it. What does this example BEST demonstrate?entrepreneurial abilityrational self-interestopportunity cost Factor the expression using the factoring pattern25m^2+36 3. Describe at least two other times since the Pickering decision in which the Supreme Court revisited the ruling. What were the outcomes? 4. According to the Montana Wrongful Discharge from Employment Act, what are the three elements of a wrongful discharge? Who were warran Hastings, why did he want to sign peace treaty with Bhutan?