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QUESTION
Assume that sales are expected to increase by 3% next year, core profit margin is expected to be 12% of sales, and current NOA is expected to grow at...
Assume that sales are expected to increase by 3% next year, core profit margin is expected to be 12% of sales, and current NOA is expected to grow at the same growth rate of sales. If the required return on operations is 9%, current sales are $923,213, current NOA is $248,204, what is the expected ReOI for the coming year?
