accounting-The 2013 balance sheet of The New York Times Company

QUESTION

The 2013 balance sheet of The New York Times Company shows net operating profit margin (NOPM) of 6.2%, net operating asset turnover (NOAT) of 3.35, return on equity of 8.7%, and adjusted return on assets of 2.4%. What is the company’s nonoperating return?A) -12.1%B) 0.7%C) -1.8%D) 2.5%E) None of the above

ANSWER:

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