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Author Question: Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for ... (Read 55 times)

plus1

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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. 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
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Marked as best answer by plus1 on Apr 25, 2021

djofnc

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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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plus1

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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