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Save-A-Lot Is a Grocery Store Chain A)$14,153
B)$14,250
C)$14,382
D)$14,456
E)$14,577

Question 44

Multiple Choice

Save-a-lot is a grocery store chain. Save-a-lot is forecasting its financial statements for Year 3. Selected financial information for Years 2 and 3 is provided in the table. In Year 3 Save-a-lot is planning to invest $600 million in CAPEX and forecasted depreciation is $903 million. What is Net PP&E (Property, Plant and Equipment) at the end of Year 3? Selected Financial Information
Save-a-lot Inc.
Dec 31, Year 2 and Year 3 ($ millions)
 Year 2  Year 3  PP&E $14,456 Depreciation 923903 CAPEX 1,329600\begin{array} { | c | c | c | } \hline & \text { Year 2 } & \text { Year 3 } \\\hline \text { PP\&E } & \$ 14,456 & \\\hline \text { Depreciation } & 923 & 903 \\\hline \text { CAPEX } & 1,329 & 600 \\\hline\end{array}


A) $14,153
B) $14,250
C) $14,382
D) $14,456
E) $14,577

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