Question
Rotweiler Obedience Schools December 31, 2009, balance sheet showed net fixed assets of $1,223,782, and the December 31, 2010, balance sheet showed net fixed assets
Rotweiler Obedience Schools December 31, 2009, balance sheet showed net fixed assets of $1,223,782, and the December 31, 2010, balance sheet showed net fixed assets of $2,063,714. The companys 2010 income statement showed a depreciation expense of $120,850. What was Rotweilers net capital spending (CAPEX) for 2010?
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Financial Management Theory And Practice
Authors: Prasanna Chandra
8th Edition
0071078401, 978-0071078405
