Question
Brunswick company had beginning net fixed assets of $298,000 and ending net fixed assets of $367,000. Assets valued at $25,000 were sold during the year.
Brunswick company had beginning net fixed assets of $298,000 and ending net fixed assets of $367,000. Assets valued at $25,000 were sold during the year. Depreciation was $17,000. What is the amount of net capital spending?
| $69,000 | ||
| $367,000 | ||
| $298,000 | ||
| $86,000 | ||
| $17,000 |
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
