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QUESTION

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

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