Question: 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

9 Use the information below to forecast the net fixed asset

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 Assume a revenue growth rate of 15% Revenue Net Fixed Asset Assume CAPEX is 4% of revenue Beginning Addition (Capex) Subtraction (D&A) Ending Depreciation and Amortization is 8% of beginning net fixed asset 400 ? 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!

Grouper Corporation made the following purchases of investments during 2020, the first year in which Grouper invested in equity securities: 1. 2. 3. On January 15, purchased 8,370 shares of Nirmala...

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...

Note: Please provide your answer as an integer wr'i no comma or 3 sign. 9.9. if the answer is 1234.12 thousand dollars, type in 1234 [a] Use the information below to forecast the net fixed asset...

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...

Brothers Chris and Eric Christian are going to open a small automobile detailing business in a converted vintage gasoline station. They are using Raincross in their name to help connect their...

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:...

class Test{ int x; int y; public: Test(int h){ x=h; y=0; cout<<"Constructor for Obj:"< Test(int h, int g){ x=h; y=g; cout<<"Constructor for Obj:"< Test (){ y=x=0;...

The probability distribution of x is f(x) = kex,0 x . Find the appropriate value of k. Find the mean and variance of x.

Which step within the ERM process should occur immediately after risk assessment?

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...