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2020 2021 Net sales 296 364 Marking Cost of goods sold 168 223 Maxi Depreciation 51 65 Net income 32 45 Finished goods inventory 34
2020 2021 Net sales 296 364 Marking Cost of goods sold 168 223 Maxi Depreciation 51 65 Net income 32 45 Finished goods inventory 34 29 Accounts receivable 47 87 Accounts payable 39 44 Net fixed assets 310 415 Year-end cash balance 186 123 Please refer to the financial information for Foodtek, Incorporation above. Assuming the company neither sold nor salvaged any assets during the year, what were Foodtek's capital expenditures (in millions of dollars) during 2021? 415 B 170 40 D 310 105 None of the options are correct
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