Obtain Nestls 2017 annual report using the Investor Relations portion of its web site (do a Web

Obtain Nestlé’s 2017 annual report using the “Investor Relations” portion of its web site (do a Web search for Nestlé investor relations).

Required:
1. What is the value of Nestlé’s property, plant, and equipment?
2. What categories of property, plant, and equipment does Nestlé report on its financial statements?
3. Which depreciation method does Nestlé use?
4. What are the useful lives of the various classes of Nestlé’s property, plant, and equipment?
5. For 2017, how much did Nestlé report for:
a. depreciation expense
b. capital expenditures
c. disposals
d. impairments
6. Compute the average useful life and the estimated average age of the property, plant, and equipment.