Estimate the approximate age of the company's long-term assets (show your calculations). Constellation Brands (amounts in millions) Property and Equipment: 9257.10 in 2023, 8011.90 in 2022, 7555.80 in 2021, 6791.20 in 2020. Accumulated depreciation: 2391.90 in 2023, 1952.30 in 2022, 1734.20, in 2021, 1458.20 in 2020. depreciation expense: 383.80 in 2023, 337.3 in 2022, 293.8 in 2021, 326.5 in 2020.. Discuss how this might affect your projections for capital expenditures.

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Estimated age of longterm assets Year Property and Equipment Accumulated Depreciation Depreciation E... View the full answer