Question: 2) (Please ignore the $ sign when you insert your answer and round your answer to two decimal places if needed).If next year's core RONA
2) (Please ignore the $ sign when you insert your answer and round your answer to two decimal places if needed).If next year's core RONA1is expected to be equal to this year's core RNOA0of 11%. If this year's NOA0is$371,739 and the cost of capital is 7%, what is next year's expected operating income?
Correct answer: 40,891.29 1
please show workings
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