1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lbvjy [14]
4 years ago
15

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

Business
1 answer:
KengaRu [80]4 years ago
5 0

Answer:

C) $3,898.9 million

Explanation:

Please see attachment.

You might be interested in
What do the indicators used by economists reveal about the economy?
Rasek [7]
C. Changes in prices
5 0
4 years ago
Read 2 more answers
If markets are in equilibrium, which of the following conditions will exist? A. Each stock's expected return should equal its re
xxMikexx [17]

Answer:

<u>A</u>

<u>Explanation</u>:

Remember, in economics the term equilibrium implies that this terms

  • price and,
  • quantity demanded

<u>are all equal or in a state of stability.</u>

Therefore, the stock in such an equilibrium market would yield it expected returns since there are no external factors such as increase in price that could affect the value.

8 0
3 years ago
Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t
Marianna [84]
True. <span>Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable. </span>
4 0
3 years ago
Why is it a good idea to disclose a bit about yourself when speaking to groups?
Sauron [17]
Because they might misuse your information
3 0
3 years ago
Read 2 more answers
When the price level decreases: Group of answer choices The demand for money falls and the interest rate falls Holders of financ
rodikova [14]

Answer:

The answer is A. demand for money falls and the interest rate falls

Explanation:

The demand for money is the amount of money or amount of wealth households or businesses choose to hold in the form of money(cash or cash-equivalent).

When the price level decreases, the purchasing power of consumers increases, so consumers' demand for money will be reduced or lower. The transactional demand for money will be reduced.

Also when price level decreases, interest rate falls. Because the purchasing power of consumers has been increased, the excess money will be kept in banks and the increases the money supply. So with an increase in money supply, interest rate will be reduced to encourage borrowing.

3 0
4 years ago
Read 2 more answers
Other questions:
  • The OSHA standards for Construction and General Industry are also known as what
    10·1 answer
  • In some countries it is customary to pay government officials to secure necessary business contracts and permits. American busin
    6·1 answer
  • PLEASE HELP DO NOT WASTE ANSWERS URGENT
    10·1 answer
  • Which one of the following is an example of systematic risk?
    8·1 answer
  • Patrick Guitman recently graduated from college with $20,000 in student loans and $5,000 in credit card debt. He usually makes m
    7·1 answer
  • The owner of a bicycle repair shop forecasts revenues of $236,000 a year. Variable costs will be $69,000 and rental costs for th
    9·1 answer
  • Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her
    10·1 answer
  • 2. What should Parker have done during the sales presentation when Kitchel told him that he needed to think it over?
    15·1 answer
  • 5. Now create your production possibilities curve, based on the information in the table you just filled out. Use the chart show
    12·1 answer
  • Three individuals in a partnership agree to divide the profit equally. X invests $4500, Y invests $3500, and Z invests $2000. Th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!