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ASX Inc. reported sales $950,000 dollars in 2021. An analyst made forecast of the key items in income statement and balance sheet for 2022 as
ASX Inc. reported sales $950,000 dollars in 2021. An analyst made forecast of the key items in income statement and balance sheet for 2022 as follows. Forecasted Key Items for ASX Inc. Year 2022F -0.5% 2.5% 11.0% Sales growth rate Net operating profit after tax (NOPAT) margin Net operating working capital to sales Net operating long-term assets to sales Net debt to Net operating assets After tax cost of debt 16.0% 20.0% 4.0% Use these forecasted items to complete the following table. 7 A B U I . Ff SS 2022F Income statement items (in $) Sales Net operating profit after tax Net interest expense Net income Balance sheet items (in $) Net working capital 80,340 133,900 Net long-term assets Net operating assets 214,240 Net debt Closing equity
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