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Teddy's Pillows has beginning net fixed assets of $464 and ending net fixed assets of $536. Assets valued at $312 were sold during the year. Depreciation was $28. What is the amount of net capital spending?
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Nov 25, 2021
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Teddy's Pillows has beginning net fixed assets of $464 and ending net fixed assets of $536. Assets valued at $312 were sold during the year. Depreciation was $28. What is the amount of net capital spending?
a. $404
b. $246
c. $94
d. $46
e. $70
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Answer:
C
Step-by-step explanation:
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Sullivanmatt
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