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 Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,091,242 158,522 428,867 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places. Note: When completing the question in Excel, refer directly to the cells containing these assumptions, ie, don't type the NOPM number when making a calculation, refer to the cell. Note: Use negative signs with answers, when appropriate. Assumptions Net sales growth per year Net operating profit margin (OPM) 7.00% 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88 5 millions 2019 Actual Net sales 2,091,242.00 NOPAT NOA 158.522.00 428,867.00 2020 Est. 2021 Est. 2,237,629 2.394,263.03 ож 0x 2022 Est. 2,561,861.44✓ 0 x ож 2023 Est. 2,741,191.74 xx o
Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ 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 Net operating profit after tax (NOPAT) Net operating assets (NOA) $2,091,242 158,522 428,867 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places. Note: When completing the question in Excel, refer directly to the cells containing these assumptions, ie, don't type the NOPM number when making a calculation, refer to the cell. Note: Use negative signs with answers, when appropriate. Assumptions Net sales growth per year Net operating profit margin (OPM) 7.00% 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88 5 millions 2019 Actual Net sales 2,091,242.00 NOPAT NOA 158.522.00 428,867.00 2020 Est. 2021 Est. 2,237,629 2.394,263.03 ож 0x 2022 Est. 2,561,861.44✓ 0 x ож 2023 Est. 2,741,191.74 xx o
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Projecting NOPAT and NOA Using Parsimonious Forecasting Method
Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ 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
$2,091,242
Net operating profit after tax (NOPAT) 158,522
Net operating assets (NOA)
428,867
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, ie, 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
Net operating profit margin (OPM)
7.00%
7.58%
Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88
$ millions 2019 Actual
2020 Est.
Net sales 2,091,242.00
2,237,629✓
2021 Est.
2,394,263.03
NOPAT
158.522.00
ож
0 x
NOA
428,867.00
0x
0 x
2022 Est.
2,561,861.44
2023 Est.
2,741,191.74
ож
0x
0x
0x
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