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The Film Shoppe is a video rental and retail chain. The Shoppe is forecasting its financial ...

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The Film Shoppe is a video rental and retail chain. The Shoppe is forecasting its financial ...

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 1	Year 2
PP&E	$15,622
Depreciation	884	903
CAPEX	1,343	600

▸ $15,116

▸ $15,319

▸ $15,419

▸ $15,519

▸ $16,222

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 51 times

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