Quantify the Effects of Managerial Actions on ROPI and Components Rincon Farms Inc. reports the following financial data just prior to its fiscal year ended December 31, 2019 (\$ millions). a. Compute ROPI for FY2019 and FY2020. Net operating assets (NOA) at the beginning of 2019 were $1,350. Rnund anewere tn nne Nerimal place, if applicable. 1. Reduce inventory by 10% which reduces accounts payable by 5%. 2. Decrease property, plant and equipment (PPE) by 20% with no consequent impact on NOPAT. 3. Engage in a sale leaseback of a major building. The company will sell 50% of its PPE at book value and increase rental costs by $30 after tax, per year. 4. Increase debt $300, which increases interest expense by $15. Round answers to one decimal place, if applicable 
Other questions asked by students
Chemistry
General Management
Accounting
Accounting
Accounting