Question
Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.1 million, and the 2009 balance sheet showed net fixed assets of $5.6 million.
| Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.1 million, and the 2009 balance sheet showed net fixed assets of $5.6 million. The company's 2009 income statement showed a depreciation expense of $965,000. What was net capital spending for 2009?
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
