Over the last year net PP&E for Hershey's has increased from 739 million dollars to...
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Accounting
Over the last year net PP&E for Hershey's has increased from 739 million dollars to 883 million dollars. You also notice that Hershey's reported a depreciation expense of 95 million dollars. What was Hershey's capital expenditures(( (in millions)?
Clorox is thinking about introudcing a new brand of cleaning products. Marketing and developing the new products will cost 545 million dollars. In one year, the new products will generate a cash flow of 46 million dollars. In two years, the new products will generate a cash flow of 53 million dollars. In three years, the new products will generate a cash flow of 94 million dollars. After that, cash flows are expected to grow by 1% forever. If the cost of capital is 10%, what is the NPV of this project (in millions)?
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