teddy’s Pillow’s had beginning net fixed assets of $461 and ending net fixed assets of $530. Assets valued at $309 were sold during the year. Depreciation was $22. What is the amount of net capital spending? $91 $47 $243 $69 $400
teddy’s Pillow’s had beginning net fixed assets of $461 and ending net fixed assets of $530. Assets valued at $309 were sold during the year. Depreciation was $22. What is the amount of net capital spending? $91 $47 $243 $69 $400
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.8BE: Asset turnover A company reports the following: Sales 4,400,000 Average total assets (excluding...
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q. 14
teddy’s Pillow’s had beginning net fixed assets of $461 and ending net fixed assets of $530. Assets valued at $309 were sold during the year.
- $91
- $47
- $243
- $69
- $400
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