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Nixon.d Nixon.d
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3 years ago
Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc. is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Scrumptious is planning to invest £53 million in CAPEX and forecasted depreciation is £196 million. What is Property, Plant and Equipment (Net) in Year 2?

Selected Financial Information
Scrumptious Inc. (£ millions)
​Year 1Year 2
PP&E£1,904​
Depreciation212196
CAPEX4553


▸ £831

▸ £861

▸ £1,411

▸ £1,441

▸ £1,761
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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TAT1238TAT1238
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3 years ago
Correct Slight Smile TY
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