Following are financial statement numbers and ratios... Please solve this accounting question Following are financial statement numbers and ratios for CVS HealthCorporation for the year ended December 31, 2016: 2016 Total revenue(in millions) $177,526 Net operating profit margin (NOPM) 3.6% Netoperating asset turnover (NOAT) 2.91. If we anticipate a 5% sales growthin 2017, what is the company's projected net operating profit after tax(NOPAT) for 2017? Select one:A. $61,533 millionB. $ 6,710 millionC. $ 6,391 millionD. $64,499 millionE. None of the above

Step 1: Define Net Profit MarginThe net profit margin shows the net income as a percentage of sales…

Answered: Following are financial statement…

Entrepreneurial Finance

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ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter5: Evaluating Operating And Financial Performance

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Following are financial statement numbers and ratios for Lockheed Martin Corp. for the year ended December 31, 2016. If we expected revenue growth of 3.5% in the next year, what would projected revenue be for 2017? Total revenue (in millions) $47,248 Net operating profit margin (NOPM) 8.8% Net operating asset turnover (NOAT) 3.3
4. The following common size income statement are available for Gaea Corporation for the two years ended December 2019, and 2018 2019 2018 Sales 100% 100% Cost of sales 55% 70% Gross profit on sales 45% 30% Operating (including income tax expense) expenses 20% 18% 25% 12% Net income The trend percentages for sales are as follows: 2017 130% 100% 2016 What should be the trend percentage for gross profit on sales for 2019 A. 58.5% В. 130% С. 150% D. 195% Answer:
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Hello, just need help on net income and return on equity
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In fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 billion. a. Compare the gross margins for Walmart and Costco. b. Compare the net profit margins for Walmart and Costco. c. Which firm was more profitable in 2021?
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