6. 6. Calculating net capital spending [LO 2.4] Worrigee Produce Markets' 2019 statement of financial position showed
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6. 6.
Calculating net capital spending [LO 2.4] Worrigee Produce Markets' 2019 statement of financial position showed net non-current assets of $2.4 million and the 2020 statement of financial position showed net non-current assets of $3.3 million. The company’s 2020 statement of profit or loss showed a depreciation expense of $319 000.
What was net capital spending for 2020?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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