1. To calculate Net Non-OperatingExpense(NNE), we first need to calculate Net OperatingProfitAfter Tax (NOPAT). To do so, we follow the formula:NOPAT = Operating Income * (1 - Tax Rate)Given the information in the question, we can calculate NOPAT as follows:NOPAT = 310,000 * (1 - 0.22) = 241,800Next, we can calculate NNE using the following formula:NNE = Non-Operating Expenses - Non-Operating RevenuesFrom the information in the question, we know that Non-OperatingExpensesare $75,000, and Non-Operating Revenues are $20,000. Therefore, we can calculate NNE as follows:NNE = 75,000 - 20,000 = 55,000Thus, NNE is $55,000.2. To calculate Net Non-Operating Expense Percentage (NNEP), we use the following formula:NNEP = (NNE / Operating Revenue) * 100From the information in the question, we know that OperatingRevenueis $2,300,000. Therefore, we can calculate NNEP as follows:NNEP = (55,000 / 2,300,000) * 100 = 2.39%To calculate Spread, we use the following formula:Spread = NOPAT / Operating RevenueFrom theinformationin the question, we know that NOPAT is $241,800 and Operating Revenue is $2,300,000. Therefore, we can calculate Spread as follows:Spread = 241,800 / 2,300,000 = 0.105Rounding NNEP and Spread to two decimal places, we get:NNEP = 2.39%Spread = 10.50% (or 0.105 as a decimal)To know more aboutProfitvisit:brainly.com/question/29662354#SPJ11...

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