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Outlaws is a general goods retail chain in the High Plains region. Outlaws is forecasting its ...

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Outlaws is a general goods retail chain in the High Plains region. Outlaws is forecasting its ...

Outlaws is a general goods retail chain in the High Plains region. Outlaws is forecasting its financial statements for Year 3. Selected financial information for Years 1 and 2 is provided in the table. In Year 3 Outlaws is planning to invest $300 million in CAPEX. The average depreciation rate is 6%. What is the forecasted depreciation expense in Year 3?

Selected Financial Information

Outlaws Inc. ($ millions)

	Year 1	Year 2
PP&E	9,372	9,637
Depreciation		621
CAPEX		886

▸ $531

▸ $560

▸ $578

▸ $596

▸ $655

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 53 times

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garrettl24 Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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