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The 2016 Financial Statements of the New York Times Company

Question 20

Multiple Choice

The 2016 financial statements of The New York Times Company reveal average shareholders' equity attributable to controlling interest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to The New York Times Company of $29,068 thousand, and average net operating assets of $354,414 thousand.
The company's return on net operating assets (RNOA) for the year is:


A) 3.5%
B) 6.9%
C) 13.6%
D) 18.7%
E) There is not enough information to calculate the ratio.

Correct Answer:

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