If sales are projected to increase 4 per year over the next, Financial Management

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If sales are projected to increase 4 per year over the next

CVS Health Corporation reported sales of $177,526 million, property, plant and equipment (PPE), net of $10,175 million, and capital expenditures of $2,224 million in 2016.

If sales are projected to increase 4% per year over the next five years, what is the projected capital expenditures (purchases of new PPE) for 2017?

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Financial Management: If sales are projected to increase 4 per year over the next

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