Question

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

Answer 1

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.