Question: Forecast Seagate Technology s 2 0 2 0 balance sheet using the following forecast assumptions, which are expressed as a percentage of revenue unless otherwise

Forecast Seagate Technologys 2020 balance sheet using the following forecast assumptions, which are expressed as a percentage of revenue unless otherwise indicated.
Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with _two decimal places_.
Note: Use negative signs with answers, when appropriate.
Assumptions
Accounts receivable, net 9.5% of revenue
Inventories 9.3% of revenue
Other current assets 1.8% of revenue
Deferred income taxes 10.7% of revenue
Other assets, net 1.8% of revenue
Accounts payable 13.7% of revenue
Accrued employee compensation 1.6% of revenue
Accrued warranty 0.9% of revenue
Accrued expenses 5.3% of revenue
Long-term accrued warranty 1.0% of revenue
Other noncurrent liabilities 1.3% of revenue
Goodwill No change
Long-term accrued income taxes No change
Long-term debt, less current portion No change
Ordinary Shares No change
Accumulated other comprehensive loss No change
CAPEX 5.8% of revenue
Depreciation expense 5.4% of beginning Property, equipment and leasehold improvements, gross
Beginning Property, equipment and leasehold improvements, gross $9,835 million
Stock-based compensation $99 million, increases Capital in excess of par value by the same amount. Assume that the company routinely includes this form of compensation in operating expenses each year.
Dividend payout ratio 35.4%

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