Question: Forecasting with the Parsimonious Method and Estimating Share Value Using the ROPI Model Following are income statements and balance sheets for Nike Inc. NinE IVV.


Forecasting with the Parsimonious Method and Estimating Share Value Using the ROPI Model Following are income statements and balance sheets for Nike Inc. NinE IVV. Consolidated Balance Sheets \begin{tabular}{ccc} & May 31, May 31, \\ s millions & 2019 & 2018 \\ \hline \end{tabular} Current assets a. Compute fiet operating assets (NOA) and net nonoperating obligations (NNO) for 2019 , The company's NNO is negative because cash erceeds debt. b. Compute net operating profit after tax (NOPAT) for 2019 assurting a federal and state stanutory tax rake of 22%. Note Round your answer to the nearest whole dollar. WQPAT: 5 ci. Use the parsimonious forecast method, as shown in the Analysis insight bor on page 14.5, 1o forecast sales, NOpAT, and NOA for 2020 through 2023 using the following assumptions Forecast the terminal period value assuming a 2w terminat period growth and using the NOPM and NOAT assumptions above. Note Pound your final answers to the nearest whole dodar. Required a. Compule net operating assets (NOA) and net nonogerating obligation (NNO) for. 2019. The company's NNO is negative because cash exceeds debt. NCAs 3 b. Compute net operating profit after tax (NosAT) for 2019 assuning a federal and state statutory tax rate of 22% Note: flound your anwwer to the neacets whole dollar NOPAT 1 Forecast the termenal period value assaming a 2 terminal period pemtr and usies the Nopl and Nowr aswingtions abowe Covitstanding of 1,682 milis on Hote Pound your fnal answer to two deteinal places (for exargile, round 315555 to 515.56 Shock price pers share
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