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Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 ...

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Sona is forecasting its financial statements for Year 2. Selected financial information for Years 1 ...

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 1	Year 2
PP&E	$150
Depreciation	20	16
CAPEX	30	50

▸ $184

▸ $194

▸ $203

▸ $209

▸ $211

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

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KaylenePig

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More solutions for this book are available here

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Jeff Stein Author

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3 years ago

Thanks for your help!!

Lourd Jenkins

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Good timing, thanks!

bkrandy

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

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