This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ... (Read 31 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Apr 25, 2021
Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for Year 5. Selected financial information for Year 4 is provided in the table. What is the long term debt, the plug variable, amount for the forecasted year? To forecast accounts payable use the percentage of sales method based on Year 4 figures. Assume that no dividends are paid in Year 5.

Selected Financial Information
Cadbury plc Year 4 (£ millions)
​Year 4Forecast
Revenue£4,022 £5,802
Net Income£393£528
​​​
TOTAL ASSETS8,895 10,275
LIABILITIES AND STOCKHOLDERS' EQUITY​​
Short Term Debt1,189     1,189 
Accounts payable1,551​
Total Current Liabilities2,740​
Long Term Debt1,973​
Other Liabilities648648
Total Liabilities5,361 ​
Shareholders' Equity​​
Common Stock1,0361,036
Retained Earnings2,498​
Total Shareholders' Equity3,534​
Total Liabilities & Shareholders' Equity8,895  

◦ £1,259
◦ £1,397
◦ £1,530
◦ £2,027
◦ £2,138
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xclash on Apr 25, 2021

coyin

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


xclash

  • Member
  • Posts: 681
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Which of the following statements is true of linkage? Which of the following statements is true of linkage?
The Global Climate System Is Very Complex The Global Climate System Is Very Complex
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Tornado Forecasting: Convective Outlooks Tornado Forecasting: Convective Outlooks
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
Observed global land and ocean surface temperature anomalies since 1850 Observed global land and ocean surface temperature anomalies since 1850
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library