Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

tyson food Firm's Planned Capital Expenditures for next Fiscal Year If the budgeted amount for capital expenditures (capex) is known and material, firms are required

tyson food Firm's Planned Capital Expenditures for next Fiscal Year

If the budgeted amount for capital expenditures (capex) is known and material, firms are required to provide it in their MD&A. Most firms do provide this information. Increases in capex (for example, compared to prior years' actual capex, from the cash flow statement) is usually considered a "bullish" signal.

Source

10-K for year ended 1/28/22, Item 7:

Summary

  • Planned capex is $2.0 billion.
  • 10% for new stores, new corporate, and international; 20% strategic initiatives; 70% existing store improvements

For 2022, our capital expenditures forecast is approximately $2.0 billion. The following table provides the allocation of our fiscal 2022 capital expenditures forecast:

2022
Existing store investments 70 %
Strategic initiatives 20 %
New stores, new corporate facilities and international 10 %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Psychology Applied To Teaching

Authors: Jack Snowman, Rick McCown

14th Edition

1285734556, 9781285734552

More Books

Students also viewed these Accounting questions

Question

1. To understand how to set goals in a communication process

Answered: 1 week ago