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Following are financial statement numbers and ratios for Snap-On Incorporated for the year ended December 28, 2016 (in millions). If we expected revenue growth of
Following are financial statement numbers and ratios for Snap-On Incorporated for the year ended December 28, 2016 (in millions). If we expected revenue growth of 5% in the next year, what would projected revenue be for the year ended December 30, 2017?
NOPAT | $590.4 |
NOA | $3,567.8 |
Net operating profit margin (NOPM) | 15.9% |
Net operating asset turnover (NOAT) | 1.04 |
A. $3,567.8 million | ||
B. $3,551.0 million | ||
C. $3,898.9 million | ||
D. $3,713.2 million | ||
E. None of the above |
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