The year-end balance sheet of Time Company shows net operating profit margin (NOPM) of
3.1%, net operating asset turnover (NOAT) of 4.41, return on equity of 3.5%, and adjusted return on assets of 2.2%.
What is the company's nonoperating return?
A. (10.2)%
B. 1.3%
C. (12.3)%
D. (11.6)%
E. None of these are correct