Question: Using the forecast information given below what is capex for year 2? Historical net PP&E balance (end Year 0) 15,400.0 Capex during year 1 1,170.4

Using the forecast information given below what is capex for year 2?

Historical net PP&E balance (end Year 0) 15,400.0
Capex during year 1 1,170.4
Depreciation expense % of beginning net PP&E 7.0%
Sales - year 1 29,260.0
Sales - year 2 30,723.0
Net PP&E balance (end Year 2) 15,790.5

Responses

1,475.0

1,475.0

1,382.6

1,382.6

1,177.4

1,177.4

1,228.9

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