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Author Question: Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ... (Read 99 times)

burchfield96

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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. In Year 8 Cadbury is planning to invest £300 million in CAPEX. The average depreciation rate is 10%. What is the forecasted depreciation expense in Year 9?

Selected Financial Information
Cadbury Inc. (£ millions)
​Year 7Year 8
PP&E 1,9041,761
Depreciation​196
CAPEX​53

◦ £176
◦ £206
◦ £286
◦ £300
◦ £322
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by burchfield96 on Apr 25, 2021

britb2u

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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.
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burchfield96

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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