Projecting NOPAT and NOA Using Parsimonious Forecasting Method Assume the following are 3M's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended 2010 ($millions).

Sales	$24,422
Net operating profit after tax (NOPAT)	4,251
Net operating assets (NOA)	15,430

Forecast 3M's sales, NOPAT and NOA for fiscal years 2011 through 2014 using the following assumptions:

Sales growth per year	8.7%
Net operating profit margin (NOPM)	15.2%
Net operating assets turnover (NOAT), based on NOA at 2010 fiscal year-end	1.70

($ millions)	2010	2011 Est.	2012 Est.	2013 Est.	2014 Est.
Sales (rounded two decimal places)	$24,422.00	$Answer	$Answer	$Answer	$Answer
Sales (rounded nearest whole number)	$24,422	$Answer 0.00 points out of 1.00	$Answer	$Answer	$Answer
NOPAT (rounded nearest whole number)*	$4,251	$Answer	$Answer	$Answer	$Answer
NOA (rounded nearest whole number)*	$15,430	$Answer	$Answer	$Answer	$Answer

*Use Sales - rounded nearest whole number to calculate NOPAT and NOA.