Question
In 2011, Kendall Ford, an automobile dealership, spent $20,000 on a new car lift for its repair shop, $2,000 on a used copy machine for
In 2011, Kendall Ford, an automobile dealership, spent $20,000 on a new car lift for its repair shop, $2,000 on a used copy machine for its sales division, and $600,000 on Ford Motor company stock. Unsold cars and trucks were valued at $110,000 on January 1, 2011, and unsold cars and trucks were valued at $95,000 on December 31, 2011. What is Kendall Fords total investment spending in 2011?
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
16th edition
134200055, 978-0134201542, 013420154X, 978-0134200057
