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Following is information from Bava Industries for 2017. Total 2017 revenue $2,471,300 Projected revenue growth rate, for next five years 3% Terminal revenue growth rate,

Following is information from Bava Industries for 2017.

Total 2017 revenue

$2,471,300

Projected revenue growth rate, for next five years

3%

Terminal revenue growth rate, after year 5

1%

Net operating profit margin (NOPM)

6.4%

Net operating asset turnover (NOAT)

2.35

Projected 2019 total revenue would be:

Select one:

A. $2,751,485

B. $2,570,893

C. $2,621,802

D. $2,545,439

E. None of the above

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