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Following are financial statement numbers and ratios for Salsa Incorporated for the year ended December 31, Year 1 (in millions). NOPAT NOA Net operating profit
Following are financial statement numbers and ratios for Salsa Incorporated for the year ended December 31, Year 1 (in millions). NOPAT NOA Net operating profit margin (NOPM) Net operating asset turnover (NOAT) $584.5 $3,532.1 15.9% 1.04 If we expected revenue growth of 5% in the next year, what would projected revenue be for the year ended December 31, Year 2? Select one: O a. None of these are correct O b. $3,532.1 million C. $3,492.3 million O d. $3,859.9 million O e. $3,673.4 million
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