Question

Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. Total revenue (in millions) $177,526 Total revenue growth rate 5% Net operating profit margin (NOPM) 3.6% Net operating asset turnover (NOAT) 2.91 What is the company’s forecasted net operating profit after tax (NOPAT) for 2017?

Answer 1

$12,651 million is what I believe the answer is. I might be wrong though.