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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).
Use the parsimonious method to forecast Logitechs sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions.
Please complete the table
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). Net sales Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,788,322 211,362 571,823 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. 7.00% Net sales growth per year Net operating profit margin (NOPM) Net operating assets turnover (NOAT), based on NOA at fiscal year-end 7.58% 4.88 2020 Est. 2021 Est. 2022 Est. 2023 Est. $ $ $ ($ millions) Sales (rounded two decimal places) $ Sales (rounded nearest whole number) $ NOPAT (rounded nearest whole number)* $ NOA (rounded nearest whole number)* $ $ $ $ $ $ $ $ $ $ *Use Sales - rounded nearest whole number to calculate NOPAT and NOAStep by Step Solution
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