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The fiscal 2009 financial statements of BJ Services shows net operat

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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%
11.20%
-2.07%
-1.44%
27.51%
Solution
net operating profit margin (NOPM) of 5.18%,
Less: Non operating return 1.44
Net return for equity share holders 3.74
Divided by assets turnover 1.11
adjusted return on assets of 3.30%.
Hence the correct option is -1.44%

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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 company’s nonoperating return? Choose from list below: 11.20% -2.07% -1.44% 27.51% 11.20% -2.07% -1.44% 27.51% Solution net operating profit margin (NOPM) of 5.18%, Less: Non operating return 1.44 Net return for equity share holders 3.74 Divided by assets turnover 1.11 adjusted return on assets of 3.30%. Hence the correct option is -1.44% Name: Description: ...
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