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What is the company projected net operating profit

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Question - Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016.

2016

Total revenue (in millions) $177,526

Net operating profit margin (NOPM) 3.6%

Net operating asset turnover (NOAT) 2.91

If we anticipate a 5% sales growth in 2017, what is the company's projected net operating profit after tax (NOPAT) for 2017?

A. $61,533 million

B. $ 6,710 million

C. $ 6,391 million

D. $64,499 million

E. None of the above

Reference no: EM131968542

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