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Publixs 2018 financial statements show net operating profit after tax of $2,286 million, sales of $115,337 million, net income of $1,975 million, and average net
Publixs 2018 financial statements show net operating profit after tax of $2,286 million, sales of $115,337 million, net income of $1,975 million, and average net operating assets of $18,616 million.
Publixs Net Operating Asset Turnover for the year is:
A. 12.3%
B. 8.11
C. There is not enough information to calculate this number.
D. 10.9%
E. 6.20
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