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Question 4 O out of 1 points X (Please ignore the $ sign when you...

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Question 4 O out of 1 points X (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 3% next year, core profit margin is expected to be 11% of sales, and current NOA is expected to grow at the same growth rate of sales. If the required return on operations is 8%, current sales are $914,842, current NOA is $358,335, what is the expected ReOI for the coming year? Selected Answer: 74,554.8 Correct Answer: 74,984.80 + 1 Response Feedback: Incorrect

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