Question
Logano Driving Schools 2017 balance sheet showed net fixed assets of $4.4 million, and the 2018 balance sheet showed net fixed assets of $5.5 million.
Logano Driving Schools 2017 balance sheet showed net fixed assets of $4.4 million, and the 2018 balance sheet showed net fixed assets of $5.5 million. The company's 2018 income statement showed a depreciation expense of $855,000. What was net capital spending for 2018? Multiple Choice
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$245,000
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$1,100,000
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$-245,000
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$-1,100,000
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$1,955,000
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The Role Of Modern Accounting Practices In Businesses Financial Stability And Sustainable Development During Digital Era And Artificial Intelligence Applications
Authors: Ibrahim Mert
1st Edition
3631894252, 3631894333, 9783631894255, 9783631894330
