What was the net capital spending in 2019? SHOW WORK

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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3. What was the net capital spending in 2019? SHOW WORK

2
3 Cash
Accounts
4 receivable
Inventory
Net fixed
6
assets
7 Total Assets
8
9
10 COGS
11 Depreciation
12 EBIT
13 Interest
14 Taxable income
15 Taxes
16 Net Income
5
сл
Net Sales
2018
$1,700
14,300
22,500
82,900
121,400
Income Statement 2019
Dalance sheet
2019
$1,600 Accounts payable
17,400 Long-term debt
Common stock & Paid In
Surp.
81,600 Retained earnings
124,300 Total liabilities and equity
23,700
163,700
108,200
14,100
41,400
3,800
37,600
13,200
24,400
2018
$13,800
47,500
17,000
43,100
121,400
2019
$12,900
48,600
18,800
44,000
124300
Transcribed Image Text:2 3 Cash Accounts 4 receivable Inventory Net fixed 6 assets 7 Total Assets 8 9 10 COGS 11 Depreciation 12 EBIT 13 Interest 14 Taxable income 15 Taxes 16 Net Income 5 сл Net Sales 2018 $1,700 14,300 22,500 82,900 121,400 Income Statement 2019 Dalance sheet 2019 $1,600 Accounts payable 17,400 Long-term debt Common stock & Paid In Surp. 81,600 Retained earnings 124,300 Total liabilities and equity 23,700 163,700 108,200 14,100 41,400 3,800 37,600 13,200 24,400 2018 $13,800 47,500 17,000 43,100 121,400 2019 $12,900 48,600 18,800 44,000 124300
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