Question
The fiscal 2009 financial statements of BJ Services shows net operating profit margin (NOPM) of 5.18%, net operating asset turnover (NOAT) of 1.11, return on
The fiscal 2009 financial statements of BJ Services shows net operating profit margin (NOPM) of 5.18%, net operating asset turnover (NOAT) of 1.11, return on equity of 4.31%, and adjusted return on assets of 3.30%. What is the companys nonoperating return? Choose from list below:
| 11.20% | ||
| -2.07% | ||
| -1.44% | ||
| 27.51% |
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
7th Edition
027378563X, 9780273785637
