What was this firm's net capital spending for 2004? a. -$1,890 b. $2,420 c. $3,215 d. $4,310
Question:
What was this firm's net capital spending for 2004?
a. -$1,890
b. $2,420
c. $3,215
d. $4,310
Transcribed Image Text:
AHS INC. 2007 Income Statement ($ in millions) Net sales 5 9625 Cost of goods sold 5225 Depreciation 1890 Earnings before interest and taxes S 2510 Interest paid Taxable income Taxes (35%) Net income Dividends Addition to retained earnings Figure 3-5 AHS income statement. 850 S 1660 581 S 1079 $ 679 400
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