Scrumptious Confections Plc Is a United Kingdom Confectionery Company A)£831
B)£861
C)£1,411
D)£1,441
E)£1,761

question 71

Multiple Choice

Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc. is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Scrumptious is planning to invest £53 million in CAPEX and forecasted depreciation is £196 million. What is Property, Plant and Equipment (Net) in Year 2? Selected Financial Information
Scrumptious Inc. (£ millions)
$$\begin{array} { | c | c | c | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { PP\&E } & £ 1,904 & \\\hline \text { Depreciation } & 212 & 196 \\\hline \text { CAPEX } & 45 & 53 \\\hline\end{array}$$

• A)£831
• B)£861
• C)£1,411
• D)£1,441
• E)£1,761

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