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Following are financial statement numbers and ratios for Lockheed Martin Corp. for the year ended December 31, 2016. Total revenue (in millions) $47,248 Net operating

Following are financial statement numbers and ratios for Lockheed Martin Corp. for the year ended December 31, 2016.

Total revenue (in millions)

$47,248

Net operating profit margin (NOPM)

8.8%

Net operating asset turnover (NOAT)

3.3

If we expected revenue growth of 3.5% in the next year, what would projected revenue be for 2017?

Select one:

A. $48,901.7 million

B. $48,240.2 million

C. $47,248.0 million

D. $51,169.6 million

E. None of the above

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