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If a company's net capital spending is negative, the company has: Multiple Choice Sold more fixed assets than it acquired during a stated period of
If a company's net capital spending is negative, the company has: Multiple Choice Sold more fixed assets than it acquired during a stated period of time. Acquired more fixed assets than it has current assets Reduced its total assets during the course of the year. Reduced its investment in inventory. Depreciation expense which exceeds the cost of new assets acquired
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