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The 2016 Balance Sheet of the New York Times Company

Question 26

Multiple Choice

The 2016 balance sheet of The New York Times Company shows net operating profit margin (NOPM) of 3.1%, net operating asset turnover (NOAT) of 4.39, return on equity of 3.5%, and adjusted return on assets of 2.2%.
What is the company's nonoperating return?


A) (24.0) %
B) 7.9%
C) (1.1) %
D) (10.1) %
E) None of the above

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