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I tried to solve question 16, What I got is dr= 0.33381204 , Depr = 27300.8179. and new PPE = 54484.18207, when I add them
I tried to solve question 16,
What I got is dr= 0.33381204 , Depr = 27300.8179. and new PPE = 54484.18207, when I add them up I got 198275, can you tell me why the answer is not A? Where did I do wrong? Thank you
Next Year 563,613 Selected Financial Information Soporific Games Inc. Last Year Sales 450,728 Depreciation 22.779 Cash 71,062 Other Current Assets 129,953 Total Current Assets 201,015 Property, Plant, and Equipment, Net 45,460 Goodwill 1,753 Total Assets 248,228 11,413 2,424 Soporific Games is predicting sales of $563,613 for next year. Soporific's ratio of growth CAPEX to new sales is 12%. 15 What is total CAPEX next year? A) $13,546 B) $27,300 C) $22,779 D) $36,325 E) $40,847 What are total assets next year? $198,275 *$230,821 $242,779 D) $258,122 $267,546 Next Year 563,613 Selected Financial Information Soporific Games Inc. Last Year Sales 450,728 Depreciation 22.779 Cash 71,062 Other Current Assets 129,953 Total Current Assets 201,015 Property, Plant, and Equipment, Net 45,460 Goodwill 1,753 Total Assets 248,228 11,413 2,424 Soporific Games is predicting sales of $563,613 for next year. Soporific's ratio of growth CAPEX to new sales is 12%. 15 What is total CAPEX next year? A) $13,546 B) $27,300 C) $22,779 D) $36,325 E) $40,847 What are total assets next year? $198,275 *$230,821 $242,779 D) $258,122 $267,546
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