Question: 13 Use the information below to forecast the net fixed asset balance at the end of 2021. Please follow the BASE method to complete your

13 Use the information below to forecast the net fixed asset

13 Use the information below to forecast the net fixed asset balance at the end of 2021. Please follow the BASE method to complete your calculation. (in thousand) 2020 2021F Assumptions for 2021 Revenue 500 Assume a revenue growth rate of 10% Net Fixed Asset Beginning Addition (Capex) Assume CAPEX is 3% of revenue Subtraction (D&A) Depreciation and Amortization is 16% of beginning net fixed asset Ending 450 ? Note: Please provide your answer with one decimal points in the format of xx.x (for example, if the answer is $12.34 thousands, type in 12.3). Your answer is: thousand dollars

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!

9 Use the information below to forecast the net fixed asset balance at the end of 2021. Please follow the BASE method to complete your calculation. (in thousand) 2020 2021F Assumptions for 2021 450...

You are projecting the free cash flow to firm of your restaurant business for the next year (2022F). Note: Please provide your answer as an integer with no comma or $ sign. e.g. If the answer is...

13 Given the below data and assumptions: What is the ending Net Fixed Asset balance at the end of 2021? Please follow the BASE method to complete your calculation. Note: Please provide your answer...

Given the below data and assumptions: What is the ending Net Fixed Asset balance at the end of 2021? Please follow the BASE method to complete your calculation. Note: Please provide your answer with...

Given the below data and assumptions: What is the ending Net Fixed Asset balance for 2021? Please follow the BASE method to complete your calculation. Note: Please provide your answer to the nearest...

See page 129- 137 on attachment for more details there are five steps to the project. Step 1: Create the loan amortization schedule for the property. Step 2: Create the depreciation schedule. Step 3:...

Can I get you to complete out a midterm I have? I've answered some of the questions and you did a similar one a couple of months ago. BFIN3321 MIDTERM EXAM SUMMER 2014 MULTIPLE CHOICE (2 points each)...

Please i need help with this Homework Input area: In Thousands$ Cost of goods sold Cash Depreciation Interest expense Selling & Administrative Accounts payable Net fixed assets Sales Accounts...

This problem builds upon each of the different modules to a logical analysis and conclusion, emphasizing the most important aspects of business finance through the completion of each of the four...

I NEED HELP WITH THE BLANKS PLEASE. """ALL INFORMATION NEEDED ARE ON THE FIRST 3 PAGES"""" THANK YOU. Instructions Comprehensive Problem 8-1 Trish Himple owns a retail family clothing store. Her...

For the Model 7520-DR32TT Deep Reach Carriage calculate the roller forces and chain tension when (a) the payload is retracted, and (b) the payload is extended. For each case first include a complete...

Assume that Stanford CPAs encountered the following issues during its various audit engagements in 2014: 1. It conducted the audit of Luck, a new client this past year. Last year, Luck was audited by...

Who do the accounts of Cortes and Chanca differ? Who were their audiences, and how might this factor have affected their emphases?

10) For a bond that pays cash interest (i.e., not a zero coupon bond), YTM is (a) always equal to the coupon rate (b) always equal to the current yield (c) is always less than the coupon rate (d) can...

Responsibility. There is a guarded attitude towards giving too much responsibility, as workers like guidance and older workers in particular prefer clear instructions. Motivation rises when more...

Money. Generally money is seen as important for recruiting and retaining employees, but not as a real motivator. It is seen as a hygiene factor in that it keeps staff in the company.

Bonus systems. It is considered that bonuses relating to individual performance would improve motivation, but this view is not widespread. One company pays a fixed salary only. Some companies offer...