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10. Following are financial statement numbers and select ratios for Target Corp. for the fiscal year 2016 (dollars in millions) (3 points) 2016 Total revenues
10. Following are financial statement numbers and select ratios for Target Corp. for the fiscal year 2016 (dollars in millions) (3 points) 2016 Total revenues 2016 Net operating assets (NOA) Sales growth, 2017 through 2020 Net operating profit margin (NOPM) Net operating asset tumover (NOAT) Terminal growth rate Discount rate $69.495 $21.128 5% 4.8% 3.29 2% 696 Use the information to determine the residual operating income (ROPI) in 2017
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
