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CVS Caremark reported sales of $107,100 million and property, plant and equipment (PPE), net of $8,467 million in 2011. If sales are projected to increase
CVS Caremark reported sales of $107,100 million and property, plant and equipment (PPE), net of $8,467 million in 2011. If sales are projected to increase 10% per year over the next five years, what is the projected capital expenditures (purchases of new PPE) for 2012? $ 8,467 million $ 9,314 million $10,710 million $ 9,000 million There is not enough information to determine the amount
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