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A firm's balance sheets as of December 3 1 , 2 0 2 1 , and 2 0 2 2 show the following items (
A firm's balance sheets as of December and show the following items in millions:
:
Cash $; Account Receivable $ Inventory $; Gross Fixed
Assets $; Accumulated Depreciation $;
Retained Earnings $; Capital Surplus $ Common Stock $ par$; Notes Payable $; Long term debt $; Accounts Payable $
:
Cash $; Account Receivable $ Inventory $; Gross Fixed
Assets $; Accumulated Depreciation $;
Retained Earnings $; Capital Surplus $; Common Stock $ par$ : Notes Payable $; Long term debt $; Accounts Payable $
Calculate the net capital spending in
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