a) Sales growth forecast =

Current Year Sales−Previous Year Sales 35200−30006

= ×100=14.7 %
Current Year Sales 35200

b) Net Operating Asset =

Coca Cola $Million

Gross Sales 35,200

Sales Returns and Allowances 11,809

Net Sales 23,391

Net Fixed Assets:

Beginning Balance 48,575

Ending Balance 72,823

Average Fixed Assets 60,699

Net Operating Asset Ratio 0.39 or 39%

c) Assign the value of net total assets to net capital, and then partition net capital to
net debt and equity.

Net total assets to net capital (in $ million):

Net capital to Net debt and equity (in $ million):