The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after tax of $9,954 million, net operating assets of $58,603 million. The fiscal year-end 2015 balance sheet reports net operating assets of $59,079 million.
Walt Disney's 2016 net operating profit margin is:
A) 16.9%
B) 12.5%
C) 17.9%
D) 11.7%
E) There is not enough information to calculate the ratio.
Correct Answer:
Verified
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