Question: Set forth below are the figures and ratios from Lockheed Martin Corp.'s financial statements for the year ended December 31, 2016. Total revenue (in millions)
Set forth below are the figures and ratios from Lockheed Martin Corp.'s financial statements for the year ended December 31, 2016.
Total revenue (in millions) | $47,248 |
Net Operating Profit Margin (NOPM) | 8,8% |
Rotation of net operating assets (NOAT) | 3.3 |
If we were expecting 3.5% revenue growth in the next year, what would the projected revenue be for 2017?
Step by Step Solution
3.48 Rating (165 Votes )
There are 3 Steps involved in it
To calculate the projected revenue for 2017 based on an expected ... View full answer
Get step-by-step solutions from verified subject matter experts
