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 98 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

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

The Global Climate System Is Very Complex The Global Climate System Is Very Complex
Global consumption of fossil fuel Global consumption of fossil fuel
Global Heat Transfer Global Heat Transfer
Population Forecasting Population Forecasting
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
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: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library