Teddy's Pillows Has Beginning Net Fixed Assets of $600 and Ending

question 42

Multiple Choice

Teddy's Pillows has beginning net fixed assets of $600 and ending net fixed assets of $730.Assets valued at $400 were sold during the year.Depreciation was $50.What is the amount of net capital spending?

• A)$130
• B)$150
• C)$165
• D)$180
• E)$330

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Definitions:

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