We hope to increase sales by 25% next year by investing in PP&E. We booked $1,500,000 in sales this year and our depreciation expense was $72,000. We ended this year with $875,000 of PP&E (net). How...


We hope to increase sales by 25% next year by investing in PP&E. We booked $1,500,000 in sales this year and our depreciation expense was $72,000. We ended this year with $875,000 of PP&E (net). How much should the firm plan for CAPEX assuming that our PP&E (net) and depreciation remain constant as a percentage of sales.



Jun 08, 2022
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