Cadbury plc is a global confectionery company.Cadbury is forecasting its financial statements for Year 9.Selected financial information for Years 7 and 8 is provided in the table.In Year 8 Cadbury is planning to invest £300 million in CAPEX.The average depreciation rate is 10%.What is the forecasted depreciation expense in Year 9?
Selected Financial Information
Cadbury Inc.(£ millions) 
A) £176
B) £206
C) £286
D) £300
E) £322
Correct Answer:
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