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FoxxFire_ FoxxFire_
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3 years ago
The Film Shoppe is a video rental and retail chain. The Shoppe is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 The Shoppe is planning to invest $600 million in CAPEX and forecasted depreciation is $903 million. What is Net Property, Plant and Equipment in Year 2?

Selected Financial Information
The Film Shoppe Inc. ($ millions)
​Year 1Year 2
PP&E $15,622​
Depreciation884903
CAPEX1,343600


▸ $15,116

▸ $15,319

▸ $15,419

▸ $15,519

▸ $16,222
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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mwiebemwiebe
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3 years ago
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