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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 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
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