Answer:
The correct option is B,$6,710 million
Explanation:
First and foremost,one needs to be aware that net operating profit margin(NOPM) of 3.6% was computed by dividing operating profit after tax by the total revenue for 2016,hence we use same formula to determine the net operating profit after tax for 2017 by merely changing the subject of the formula.
NOPM=net operating profit after/total revenue
net operating profit after tax=NOPM*total revenue
NOPM remains at 3.6%
total revenue for 2017=total revenue for 2016*(1+growth rate)
total revenue for 2016 is $177,526 million
growth rate is 5%
total revenue for 2017= $177,526*(1+5%)=$ 186,402.30 million
Net operating profit after tax= 186,402.30 *3.6%=$ 6,710.48 million
Approximately $6710 million
Usually it isn't done much, because of the penalty of bad grades, and because frankly, the professors have seen it before, and therefore, only the boldest would consider it.
<span>If the Fed believes the economy is about to fall into recession, it should use an expansionary monetary policy to lower the interest rate and shift AD to the right. When using an expansionary monetary policy a central bank will use its tools to stimulate the economy. They increase the supply of money, lower interest rates and increase aggregate demand.
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<span>Organizations known as Partnerships use the Form 1065 and Schedule K-1. A Partnership is an agreement between two partners to agree to work together to benefit each others interest. These organizations of Partnerships may be between individuals, governments, schools, etc.</span>
