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1. Cadbury Schweppes, Plc., a U.K. company, is an international confectionery and beverage business that sells its products in almost every country in the world. The company prepares its financial statements according to IFRS.
Required:
How does Cadbury value its property, plant, and equipment? Does the company have any other options under IFRS for valuing these assets? How do these options differ from U.S. GAAP?
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