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What is capital expenditure for year two

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Problem 1: Using the forecast information given below what is capital expenditure for year 2?

Historical net PP&E balance (end Year 0) 15,400.0

Capital expenditure during year 1 1,170.4

Depreciation expense % of beginning net PP&E 7.0%

Sales - year 1 29,260.0

Sales - year 2 30,723.0

Net PP&E balance (end Year 2) 15,790.5

Reference no: EM132938291

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