Question: #2 Can you try to do it in excel format please thanks in advance Question 2 16 pts Response upload instructions: You should attach your

#2

Can you try to do it in excel format please

thanks in advance

#2 Can you try to do it in excel format please
Question 2 16 pts Response upload instructions: You should attach your Excel file. Please be sure to label each part of your answer as 2a, 2b, etc. The 2013 financial statements for Leggett & Platt, Inc. report the following information: Year ended December 31, 2013 2012 (In millions) Depreciation and amortization $ 90.1 $ 90.4 expense Property and equipment, net 574.6 572.8 Land 44.5 45.3 Accumulated depreciation and 1,266.6 1,237.4 amortization a. By what percentage are the assets 'used up' at the year-end 2013? What implication does this ratio have for future cash flows at Leggett & Platt? (5 points) b. Estimate the useful life on average for the Leggett & Platt depreciable assets.(5 points) c. How does this computation relate to a firm's investment and financing decisions (6 points)

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