The 2016 balance sheet of The New York Times Company shows net operating profit margin (NOPM) of 3.1%, net operating asset turnover (NOAT) of 4.39, return on equity of 3.5%, and adjusted return on assets of 2.2%.
What is the company's nonoperating return?
A) (24.0)%
B) 7.9%
C) (1.1)%
D) (10.1)%
E) None of the above

Question

Quizplus · Accepted Answer

The Answer of The 2016 balance sheet of The New York Times Company shows net operating profit margin (NOPM) of 3.1%, net operating asset turnover (NOAT) of 4.39, return on equity of 3.5%, and adjusted return on assets of 2.2%.
What is the company's nonoperating return?
A) (24.0)%
B) 7.9%
C) (1.1)%
D) (10.1)%
E) None of the above

The 2016 Balance Sheet of the New York Times Company