Question 16

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The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after tax of $9,954 million, net operating assets of $58,603 million. The fiscal year-end 2015 balance sheet reports net operating assets of $59,079 million. Walt Disneys 2016 net operating profit margin is:

Select one:

A. 16.9%

B. 12.5%

C. 17.9%

D. 11.7%

E. There is not enough information to calculate the ratio.