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Aiello Corporation anticipates that sales in 2018 will grow by 5%. The company reports the following in its December 2017 financial statements: Sales $114,620 Property
Aiello Corporation anticipates that sales in 2018 will grow by 5%. The company reports the following in its December 2017 financial statements:
Sales | $114,620 |
Property plant and equipment, Dec. 31, 2017 | $28,160 |
Property plant and equipment, Dec. 31, 2016 | $26,470 |
2017 Depreciation expense / Property plant and equipment, Dec. 31, 2016 | 8.5% |
2017 Capital expenditures / 2017 Sales | 2.6% |
Forecast the companys 2018 Sales, depreciation expense, and cash outflow to acquire new Property, plant, and equipment.
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