Chapter 13 USE THE INFORMATION BELOW FOR THE PROBLEMS15-25 ume that you are an analyst for the U.S. Autoparts Industry. Consider the following information that you propose to use to obtain an estimate of year 2002 EPS for the U.S. Autoparts Industry: Estimated Year 2004 Year 2003 $6,800 billion Personal consumption expenditures Personal consumption expenditures growth Industry Sales per share Industry Operating profit margin Industry Depreciation/Fixed Assets Industry Fixed asset turnover Interest rate Industry Total asset turnover Industry Debt/Total assets Industry Tax rate 3.5% $525 15% 8.25% 5% 1.2 45% 36% In addition a regression analysis indicates the following relationship between growth in industry sales per share and personal consumption expenditures (PCE) growth is %? Sales per share 0.02 + 1.51%ACE) 15. Calculate personal consumption expenditures for the year 2004. 16. Estimate the industry growth rate in sales per share