Question
Last year a certain company's had a net PPE balance of 306 million dollars, and this year has a net PPE balance of 643
Last year a certain company's had a net PPE balance of 306 million dollars, and this year has a net PPE balance of 643 million dollars. The company also had depreciation expense of 49 million dollars. How much did the company invest in capital expenditures? (Enter your answer in millions. i.e. 5.5 million, not 5,500,000)
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
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