Question
Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitechs sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its
Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitechs 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 $2,927,738 Net operating profit after tax (NOPAT) 221,930 Net operating assets (NOA) 600,414 Use the parsimonious method to forecast Logitechs 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 7.00% Net operating profit margin (NOPM) 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88 $ millions 2019 Actual 2020 Est. 2021 Est. 2022 Est. 2023 Est. Net sales 2,927,738.00 Answer 3,132,679.66 Answer 3,351,967.23 Answer 3,586,604.94 Answer 3,837,667.28 NOPAT 221,930.00 Answer 237,457 Answer 0 Answer 271,865 Answer 0 NOA 600,414.00 Answer 1,528,747.67 Answer 0 Answer 0 Answer 0
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