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Provided below are an analysts forecasts of revenue, net operating profit after tax (NOPAT), and net operating assets (NOA) as of 09/01/2019 for Costco. Use

Provided below are an analysts forecasts of revenue, net operating profit after tax (NOPAT), and net operating assets (NOA) as of 09/01/2019 for Costco. image text in transcribed

Use the information above to calculate residual operating income (ROPI) during the horizon period (2020-2023) and the terminal period. Assume a weighted average cost of capital of 4.5%

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