Nielsen Auto Parts Had Beginning Net Fixed Assets of $218,470

question 65

Multiple Choice

Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411.During the year,assets with a combined book value of $6,943 were sold.Depreciation for the year was $42,822.What is the amount of net capital spending?

• A)$33,763
• B)$40,706
• C)$58,218
• D)$65,161
• E)$67,408

---

Definitions:

Effective Communication

involves the clear and efficient exchange of information, ideas, and feelings, ensuring understanding and facilitating successful interactions.

Chain of Command

The formal line of authority within an organization that dictates how instructions and decisions flow from top-level management to lower levels.

Communication

The exchange of information or ideas between individuals or groups.

Informal Communication

The exchange of information, ideas, or feelings in an unofficial, casual manner, not based on company or organizational structure.