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Following Are Financial Statement Numbers and Select Ratios for Target

Question 56

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Following are financial statement numbers and select ratios for Target Corp. for the fiscal year 2016 (dollars in millions). Use the information to determine the residual operating income (ROPI) in 2017.
Following are financial statement numbers and select ratios for Target Corp. for the fiscal year 2016 (dollars in millions). Use the information to determine the residual operating income (ROPI) in 2017.

Correct Answer:

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ROPI = NOPAT - (WACC × NOABeg)
20...

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