Question
QUESTION 25 CVS Caremark reported sales of $126,761 million and total net property, plant and equipment (PPE) of $8,615 million in 2013. If sales are
QUESTION 25
CVS Caremark reported sales of $126,761 million and total net property, plant and equipment (PPE) of $8,615 million in 2013. If sales are projected to increase 10% next year, what is the projected capital expenditures (purchases of new PPE) for 2014?
| $9,000 million | ||
| There is not enough information to determine the amount. | ||
| $9,477 million | ||
| $8,615 million | ||
| $12,676 million |
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
