This topic contains a solution. Click here to go to the answer

Author Question: Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ... (Read 35 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
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


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
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
Excellent


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library