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alysis out of 2.00 Projecting NOPAT and NOA Using Parsimonious Forecasting Method Assume the following are 3M's sales, net operating profit after tax year ended
alysis out of 2.00 Projecting NOPAT and NOA Using Parsimonious Forecasting Method Assume the following are 3M's sales, net operating profit after tax year ended 2010 (Smillions). $24,462 Net operating profit after tax (NOPAT) 4,159 15,170 Forecast 3M's sales, NOPAT and NOA for fiscal years 2011 through 2014 using the following assumptions 9.7% Net operating profit margin (NOPM) Net operating assets turnover (NOAT), based on NOA at 2010 fiscal year- end 1.80 2010 2011 Est. 2012 Est. 2013 Est. 2014 Est. 26,834.81 Sales (rounded two decimal places) $24,462.00 32,293 $24,462 S 6,200 5.152 $4,159 19,681 14,908 "Use Sales -rounded nearest whole number to calculate NOPAT and NOA
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