Refer to the financial statements and accompanying notes of The Nestl Group given in Appendix A at

Refer to the financial statements and accompanying notes of The Nestlé Group given in Appendix A at the end of this book.

Required:

1. What method(s) of depreciation and amortization does the company use?

2. What is the amount of accumulated depreciation and amortization at the end of the current year?

3. For depreciation purposes, what is the estimated useful life of the buildings?

4. What amount of depreciation and amortization was reported as expense for the current year?

5. What is the fixed asset turnover ratio for the current year? What does it suggest?

6. For each of the preceding questions, where did you locate the information?