Compute tlt net operating profit margin

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Question - Following are TLT Company's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended 2020 ($ millions).

Net sales $30,274

Net operating profit after tax (NOPAT) 4,918

Net operating assets (NOA) 20,502

Required -

a. Compute TLT's net operating profit margin (NOPM) and net operating assets turnover (NOAT) in fiscal year 2020.

b. Use the parsimonious method to forecast TLT's sales, NOPAT, and NOA for fiscal years 2021 to 2024 assuming a net sales growth rate of 0.5% for each year from 2021 to 2024.

Reference no: EM133185355

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