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Author Question: Blockbuster is a video rental and retail chain. Blockbuster is forecasting its financial statements ... (Read 44 times)

craiczarry

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Blockbuster is a video rental and retail chain. Blockbuster is forecasting its financial statements for Year 3. Selected financial information for Years 1 and 2 is provided in the table. In Year 3 Blockbuster is planning to invest $400,000 thousand in CAPEX. The average depreciation rate is 25%. What is the forecasted depreciation expense in Year 3?

Selected Financial Information
Blockbuster Inc. ($ '000)
Year 1Year 2
PP&E$1,009,300 $919,000
Depreciation252,325 
CAPEX162,025

◦ $207,175
◦ $270,256
◦ $329,750
◦ $314,526
◦ $455,300


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Marked as best answer by craiczarry on Apr 25, 2021

itsakadoozi

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craiczarry

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Reply 2 on: Apr 25, 2021
Gracias!


carlsona147

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Reply 3 on: Yesterday
Excellent

 

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