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2019 2020 Sales $ 740 $ 785 COGS 430 440 Interest 33 40 Dividends 16 17 Depreciation 250 210 Cash 70 100 Accounts receivables 563
2019 | 2020 | |
Sales | $ 740 | $ 785 |
COGS | 430 | 440 |
Interest | 33 | 40 |
Dividends | 16 | 17 |
Depreciation | 250 | 210 |
Cash | 70 | 100 |
Accounts receivables | 563 | 502 |
Current liabilities | 350 | 400 |
Inventory | 662 | 640 |
Long-term debt | 350 | 420 |
Net fixed assets | 1,680 | 1,413 |
Tax rate | 35% | 35% |
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What is net capital spending for 2020?
A. | -$57 | |
B. | -$92 | |
C. | -$77 | |
D. | $25 | |
E. | $87 |
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