In its annual reports, Manchester Corp. reported the following data during 2016-2017: 2017 2016 Total...
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In its annual reports, Manchester Corp. reported the following data during 2016-2017: 2017 2016 Total revenue $320,000 $270,000 Property, plant, equipment $25,000 $21,000 Asset disposals 0 0 If revenue is projected to increase by 10% in 2018, the projected Capital Expenditures (CAPEX) for 20 will be: $4,440 $4,000 $4,400 $0 None of these numbers is correct
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