Question: (Please ignore the $ sign when you insert your answer and round your answer to two decimal places if needed).Assume that sales are expected to

(Please ignore the $ sign when you insert your answer and round your answer to two decimal places if needed).Assume that sales are expected to increase by 5% 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 $870,028, current NOA is $149,976, what is the expected ReOI for the coming year?

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