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 Net operating profit margin (NOPM) Net operating assets turnover (NOAT), based on NOA at fiscal year-end $ millions 2019 Actual 2020 Est. Net sales 1,505.694.00 NOPAT NOA 114,135.00 308.784.00 0 0 0 2021 Est. 0 0 0 7.00% 7.58% 4.88 2022 Est. 0 0 0 2023 Est. 0 0 0
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 Net operating profit margin (NOPM) Net operating assets turnover (NOAT), based on NOA at fiscal year-end $ millions 2019 Actual 2020 Est. Net sales 1,505.694.00 NOPAT NOA 114,135.00 308.784.00 0 0 0 2021 Est. 0 0 0 7.00% 7.58% 4.88 2022 Est. 0 0 0 2023 Est. 0 0 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text: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
Net operating profit margin (NOPM)
Net operating assets turnover (NOAT), based on NOA at fiscal year-end
Assumptions
$ millions 2019 Actual 2020 Est.
Net sales
NOPAT
NOA
1,505,694.00
114,135.00
308,784.00
0
0
0
2021 Est.
0
0
0
7.00%
7.58%
4.88
2022 Est.
0
0
0
2023 Est.
ܘ
ܘ
ܘ
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