Question
Set forth below are the figures and ratios from Lockheed Martin Corp.'s financial statements for the year ended December 31, 2016. Total revenue (in millions)
Set forth below are the figures and ratios from Lockheed Martin Corp.'s financial statements for the year ended December 31, 2016.
Total revenue (in millions) | $47,248 |
Net Operating Profit Margin (NOPM) | 8,8% |
Rotation of net operating assets (NOAT) | 3.3 |
If we were expecting 3.5% revenue growth in the next year, what would the projected revenue be for 2017?
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
