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You've gathered the following information from Kraft's balance sheet: Cash: 92 million dollars Accounts Recievables: 288 million dollars Inventories: 161 million dollars Net PP&E: 852
You've gathered the following information from Kraft's balance sheet:
Cash: 92 million dollars
Accounts Recievables: 288 million dollars
Inventories: 161 million dollars
Net PP&E: 852 million dollars
Accounts Payable: 76 million dollars
What is Kraft's net working capital (in million dollars)?
Dollar Tree recently opened a new store. Building the new store cost $730,000. The new store will be depreciated using the double declining balance method over a 10 year period. What will the depreciation expense for this new store be in its second year?
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