Soporific Games has forecast sales of $621,568 next year. Given the data in the table, what will growth CAPEX be next year? Selected Financial Information Arctic Cat Dog Sleds Inc. Sales Net PP&E Depreciation Rate gCAPEX/ASales, gx Last Year 563,613 59,497 26.10% 57.38% Next Year 621,568 84,029

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter12: Corporate Valuation And Financial Planning
Section: Chapter Questions
Problem 3P: Smiley Corporations current sales and partial balance sheet are shown here. Sales are expected to...
icon
Related questions
Question

please answer fast i give upvote

Soporific Games has forecast sales of $621,568 next year. Given the data in the table, what will growth CAPEX be next year?
Selected Financial Information
Arctic Cat Dog Sleds Inc.
Sales
Net PP&E
Depreciation Rate
gCAPEX/ASales, gx
Last Year
Growth CAPEX next year = $ 33497 X
563,613
59,497
26.10%
57.38%
Round your answer to the nearest whole number.
Next Year
621,568
84,029
Transcribed Image Text:Soporific Games has forecast sales of $621,568 next year. Given the data in the table, what will growth CAPEX be next year? Selected Financial Information Arctic Cat Dog Sleds Inc. Sales Net PP&E Depreciation Rate gCAPEX/ASales, gx Last Year Growth CAPEX next year = $ 33497 X 563,613 59,497 26.10% 57.38% Round your answer to the nearest whole number. Next Year 621,568 84,029
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Forecasting Financial Statement
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Corporate Fin Focused Approach
Corporate Fin Focused Approach
Finance
ISBN:
9781285660516
Author:
EHRHARDT
Publisher:
Cengage
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT