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Following is information from Skechers USA, Inc. for fiscal 2016 (in thousands). Total 2016 revenue $1,846,361 Total revenue growth rate 15.0%...
Following is information from Skechers USA, Inc. for fiscal 2016 (in thousands).
Total 2016 revenue
$1,846,361
Total revenue growth rate
15.0%
Terminal revenue growth rate
7.5%
Net operating profit margin (NOPM) 2017
4.0%
Net operating asset turnover (NOAT)
2.59
Projected 2017 total net profit would be:
Select one:
a. $1,984,838 thousand
b. $1,920,215 thousand
c. $768,777 thousand
d. $84,933 thousand
e. None of the above