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Cadbury Plc Is a Global Confectionery Company

question 60

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Cadbury plc is a global confectionery company.Cadbury is forecasting its financial statements for Year 5.Selected financial information for Year 4 is provided in the table.What is the long term debt,the plug variable,amount for the forecasted year? To forecast accounts payable use the percentage of sales method based on Year 4 figures.Assume that no dividends are paid in Year 5.
Selected Financial Information
Cadbury plc Year 4 (£ millions)
Cadbury plc is a global confectionery company.Cadbury is forecasting its financial statements for Year 5.Selected financial information for Year 4 is provided in the table.What is the long term debt,the plug variable,amount for the forecasted year? To forecast accounts payable use the percentage of sales method based on Year 4 figures.Assume that no dividends are paid in Year 5. Selected Financial Information Cadbury plc Year 4 (£ millions)    A)  £1,259 B)  £1,397 C)  £1,530 D)  £2,027 E)  £2,138


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