55.2k views
4 votes
In Excel modeling step #5, "Forecast PP&E," what does PP&E stand for?

A) Price per Equity
B) Property, Plant, and Equipment
C) Production, Profits, and Expenses
D) Public-Private Equity

1 Answer

4 votes

Final answer:

PP&E stands for Property, Plant, and Equipment. It refers to long-term tangible assets used in production. Forecasting PP&E involves predicting future asset values.

Step-by-step explanation:

In Excel modeling step #5, "Forecast PP&E," PP&E stands for Property, Plant, and Equipment. PP&E refers to long-term tangible assets that are used in the production of goods or services, such as buildings, machinery, and vehicles.

Forecasting PP&E involves predicting the future value or quantity of these assets to plan for future business operations.

User Ivan Torres
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.