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 28 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
YES! Correct, THANKS for helping me on my review

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Ozone Depletion—A Global Issue Ozone Depletion—A Global Issue
Satellites in Weather Forecasting Satellites in Weather Forecasting
Observed global land and ocean surface temperature anomalies since 1850 Observed global land and ocean surface temperature anomalies since 1850
Land use change and forestry are responsible for 18% of global greenhouse gas emissions Land use change and forestry are responsible for 18% of global greenhouse gas emissions
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library