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9. Following are Tribeca Inc.'s sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended May 31, 2017
9. Following are Tribeca Inc.'s sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended May 31, 2017 ($ millions). Sales .......... Net operating profit after tax (NOPAT).............. Net operating assets (NOA) $14,380 3,333 13,301 Forecast Tribeca's NOA for fiscal years 2018 and 2019 using the following assumptions: Sales growth per year ...... Net operating profit margin (NOPM)....... Net operating asset turnover (NOAT), based on NOA at May 31, 2017 ...... 21.90% 23.18% 1.08 a. 2018: $24,001 million b. 2018: $16,231 million c 2018: $17,529 million d. 2018: $14,371 million 2019: $26,532 million 2019: $19,785 million 2019: $21,368 million 2019: $10,347 million
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