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Author Question: Save-a-lot is a grocery store chain. Save-a-lot is forecasting its financial statements for Year 3. ... (Read 81 times)

lb_gilbert

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on: Apr 25, 2021
Save-a-lot is a grocery store chain. Save-a-lot is forecasting its financial statements for Year 3. Selected financial information for Years 2 and 3 is provided in the table. In Year 3 Save-a-lot is planning to invest $600 million in CAPEX and forecasted depreciation is $903 million. What is Net PP&E (Property, Plant and Equipment) at the end of Year 3?

Selected Financial Information
Save-a-lot Inc. 
Dec 31, Year 2 and Year 3 ($ millions)
​Year 2Year 3
PP&E$14,456​
Depreciation923903
CAPEX1,329600

◦ $14,153
◦ $14,250
◦ $14,382
◦ $14,456
◦ $14,577
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by lb_gilbert on Apr 25, 2021

ghepp

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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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lb_gilbert

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

mjenn52

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

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