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Author Question: Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 ... (Read 42 times)

K@

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on: Apr 25, 2021
Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Sona is planning to invest $50 million in CAPEX and forecasted depreciation is $16 million. What is the Net Property, Plant and Equipment balance in Year 2?

Selected Financial Information
Sona Inc. ($ millions)
​Year 1Year 2
PP&E$150​
Depreciation2016
CAPEX3050

◦ $184
◦ $194
◦ $203
◦ $209
◦ $211
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by K@ on Apr 25, 2021

nmyers

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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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K@

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

rachel

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

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