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 38 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Apr 25, 2021
Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for Year 9. Selected financial information for Years 7 and 8 is provided in the table. What is Retained Earnings for Year 9?

Selected Financial Information
Cadbury plc (£ millions)
​Year 8Ratios
(to Sales)		Forecast
Revenue£5,802​£6,962 
COGS3,3000.568769​
SG&A1,4900.256808​
Dep. Exp.196​312
EBIT816​​
Int. Exp.153​77
EBT663​​
Provision for Income taxes300.045*​
Net Income£633 ​​
Dividends​​£315
Retained Earnings£2,498​​
Shareholder's Equity£3,534​​
*Tax rate is a proportion of Earnings before Taxes.
◦ £2,917
◦ £3,268
◦ £4,007
◦ £5,307
◦ £5,885
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 plus1 on Apr 25, 2021

djofnc

  • Sr. Member
  • ****
  • Posts: 318
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


plus1

  • Member
  • Posts: 676
Reply 2 on: Apr 25, 2021
Excellent

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Examples of Impacts Associated with Different Amounts of Global Average Temperat Examples of Impacts Associated with Different Amounts of Global Average Temperat
Weather Forecasting—Both Art and Science Weather Forecasting—Both Art and Science
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
Average Global Temperatures Average Global Temperatures
Global Distribution of Precipitation Global Distribution of Precipitation
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library