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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,
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 companys nonoperating return?
A) -12.1%
B) 0.7%
C) -1.8%
D) 2.5%
E) None of the above
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