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numbers in Years -1 and -2 are not given because you don't need these data for the forecast. Now you want to estimate the invested
numbers in Years -1 and -2 are not given because you don't need these data for the forecast. Now you want to estimate the invested capital in Year 1. sales-to-capital from Year - 3 to Year 0 as a proxy for the firm's marginal sales-to-capital ratio from Year 0 to Year 1 . Based on the assumption, the invested capital in year 1 will be Instruction: Round to the nearest integer. Don't input comma sign. E.g., if your answer is 1,101.7, just input the number 1102
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