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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 $578.6 NOA $3,496.4 Net

Following are financial statement numbers and ratios for Salsa Incorporated for the year ended December 31, Year 1 (in millions).

NOPAT $578.6
NOA $3,496.4
Net operating profit margin (NOPM) 15.9%
Net operating asset turnover (NOAT) 1.04

If we expected revenue growth of 7% in the next year, what would projected revenue be for the year ended December 31, Year 2?

Select one:

a. None of these are correct

b. $3,636.3 million

c. $3,496.4 million

d. $3,457.0 million

e. $3,893.7 million

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