Question
Nextel Company had beginning net fixed assets of $410,000 and ending net fixed assets of $441,000. Assets valued at $32,000 were sold during the year.
Nextel Company had beginning net fixed assets of $410,000 and ending net fixed assets of $441,000. Assets valued at $32,000 were sold during the year. Depreciation was $26,000. What is the amount of net capital spending? $31,000 $57,000 $5,000 $25,000 $44,000
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
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