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) $2,788,322 211,362 571,823 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. 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. Net sales growth per year Assumptions Net operating profit margin (NOPM) 7.00% 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88 $ millions 2019 Actual Net sales 2,788,322.00 2020 Est. 2,983,504.5✓ NOPAT 211,362.00 NOA 571,823.00 x x 2021 Est. 2022 Est. 2023 Est. 3,192,349.86 ✓ 3,415,814.35 ✓ 3,654,921.3✔ x x x x x x
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) $2,788,322 211,362 571,823 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. 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. Net sales growth per year Assumptions Net operating profit margin (NOPM) 7.00% 7.58% Net operating assets turnover (NOAT), based on NOA at fiscal year-end 4.88 $ millions 2019 Actual Net sales 2,788,322.00 2020 Est. 2,983,504.5✓ NOPAT 211,362.00 NOA 571,823.00 x x 2021 Est. 2022 Est. 2023 Est. 3,192,349.86 ✓ 3,415,814.35 ✓ 3,654,921.3✔ x x x x x x
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
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)
$2,788,322
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.
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.
Net sales growth per year
Assumptions
Net operating profit margin (NOPM)
7.00%
7.58%
Net operating assets turnover (NOAT), based on NOA at fiscal year-end
4.88
$ millions 2019 Actual
Net sales
2,788,322.00
2020 Est.
2,983,504.5✓
NOPAT
211,362.00
NOA
571,823.00
x
x
2021 Est.
2022 Est.
2023 Est.
3,192,349.86 ✓
3,415,814.35 ✓
3,654,921.3✔
x
x
x
x
x
x
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
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.
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.
Net sales growth per year
Assumptions
Net operating profit margin (NOPM)
7.00%
7.58%
Net operating assets turnover (NOAT), based on NOA at fiscal year-end
4.88
$ millions 2019 Actual
Net sales
2,788,322.00
2020 Est.
2,983,504.5✓
NOPAT
211,362.00
NOA
571,823.00
x
x
2021 Est.
2022 Est.
2023 Est.
3,192,349.86 ✓
3,415,814.35 ✓
3,654,921.3✔
x
x
x
x
x
x
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