Projecting NOPAT and NOA Using Parsimonious Forecasting Method

Following are Logitech$$s sales, net operating profit after tax $($NOPAT$),$ and net operating assets $($NOA$)$ for its fiscal year ended March $31,2019($$ thousands$).$

Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places.

Financial information

Net sales $$1,505,694$

Net operating profit after tax $($NOPAT$)114,135$

Net operating assets $($NOA$)308,784$

Use the parsimonious method to forecast Logitech$$s sales, NOPAT, and NOA for fiscal years ended March $31,2020$ through $2023$ using the following assumptions.

Note: Complete the entire question in Excel $($template provided above$).$ Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with $\_$two decimal places$\_.$

Note: When completing the question in Excel, refer directly to the cells containing these assumptions, i$.$e$.,$ don't type the NOPM number when making a calculation, refer to the cell.

Note: Use negative signs with answers, when appropriate.

Assumptions

Net sales growth per year $7\mathrm{.}00\%$

Net operating profit margin $($NOPM$)7\mathrm{.}58\%$

Net operating assets turnover $($NOAT$),$ based on NOA at fiscal year$-$end $4\mathrm{.}88$

$ millions $2019$ Actual $2020$ Est. $2021$ Est. $2022$ Est. $2023$ Est.

Net sales $1,505,694\mathrm{.}00$ Answer $1$

$0$

Answer $2$

$0$

Answer $3$

$0$

Answer $4$

$0$

NOPAT $114,135\mathrm{.}00$ Answer $5$

$0$

Answer $6$

$0$

Answer $7$

$0$

Answer $8$

$0$

NOA $308,784\mathrm{.}00$ Answer $9$

$0$

Answer $10$

$0$

Answer $11$

$0$

Answer $12$

$0$