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Find what is the company nonoperating return

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Reference no: EM132542628

The fiscal 2016 financial statements of Nike Inc. shows net operating profit margin (NOPM) of 11.4%, net operating asset turnover (NOAT) of 3.83, return on equity of 30.1%, and adjusted return on assets of 17.1%.

Question 1: What is the company's nonoperating return?

Option 1: (13.6)%

Option 2: 18.7%

Option 3: (14.5)%

Option 4: 35.4%

Option 5: There is not enough information to calculate the ratio.

Reference no: EM132542628

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