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

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Definitions:

Innovation

The process of introducing new ideas, methods, or products to improve efficiency, effectiveness, or competitive advantage.

Organizational Factors

Various elements within an organization that can influence its operations and outcomes, such as its structure, culture, and management practices.

Core of Creativity

The essential element or quality that enables someone to conceive new and original ideas or things.

Intrinsic Motivation

Motivation that stems from the direct relationship between the worker and the task; it is usually self-applied.