subject
Business, 03.12.2019 03:00 Thickmadam57821

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

hint: nopm = (nopat/sales) and noat =(sales/avg. noa)

a) $3,567.8 million
b) $3,551.0 million
c) $3,898.9 million
d) $3,713.2 million

ansver
Answers: 2

Another question on Business

question
Business, 30.01.2019 19:40
Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting
Answers: 3
question
Business, 30.01.2019 18:00
The presets section of the columns dialog box allows you to a. determine how much blank space should appear between columns b. quickly pick from several different column options c. determine how long a column would be d. make sure all columns are the same width
Answers: 1
question
Business, 30.01.2019 07:30
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
question
Business, 29.01.2019 23:20
Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation
Answers: 1
You know the right answer?
Following are financial statement numbers and ratios for snap-on incorporated for the year ended dec...
Questions
question
Health, 04.03.2020 23:26
question
Mathematics, 04.03.2020 23:26
question
Chemistry, 04.03.2020 23:26
Questions on the website: 6616171