Question
A firms Total Fixed Assets this year equals $5,000,000 and last year equals $3,000,000. Its Working Capital this year equals $1,500,000 and last year equals
A firms Total Fixed Assets this year equals $5,000,000 and last year equals $3,000,000. Its Working Capital this year equals $1,500,000 and last year equals $1,000,000. Its depreciation this year - assumed to be a capital expenditure - equals $1,000,000. This firms Capital Spending equals:
| a. | $3,000,000 | |
| b. | $3,500,000 | |
| c. | $2,000,000 | |
| d. | $5,000,000 |
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
