Question: Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its

 Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's

Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ thousands). Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places. ancial information Net sales $2,788,322 Net operating profit after tax (NOPAT) 211,362 Net operating assets (NOA) 571,823 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimalto adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with _two decimal places_. Note: When completing the question in Excel, refer directly to the cells containing these assumptions, i.e., don't type the NOPM number when making a calculation, refer to the cell. Note: Use negative signs with answers, when appropriate. Net sales growth per year 7.00% Net operating profit margin (NOPM) 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end ~ 4.88 $ ons 2019 Actual 2020 Est. 2021 E 2022 Est. 2023 Est. Netsales 2,788,322.00 2,983,504.54 v 3,192,349.86 3,415,814.35 v 3,654,921.35 v NOPAT 211,362.00 226,150 = 241,980 = 258,919 % 277,043 % NOA 571,823.00 611,374 % 654,169 x 699,962 748,959 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!