Teddy's Pillows Has Beginning Net Fixed Assets of $480 and Ending

question 20

Multiple Choice

Teddy's Pillows has beginning net fixed assets of $480 and ending net fixed assets of $530.Assets valued at $300 were sold during the year.Depreciation was $40.What is the amount of capital spending?

• A)$10
• B)$50
• C)$90
• D)$260
• E)$390

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Definitions:

Incentives

Rewards or penalties that motivate individuals to pursue certain actions or behaviors.

Cash Bonuses

A form of additional compensation given to employees as a reward for achieving specific goals or exceptional performance.

Standardized Exams

Tests administered and scored in a consistent manner to assess and compare the abilities, skills, or knowledge of individuals across different populations or educational setups.

Opportunity Cost

The value of the next best alternative that must be foregone as a result of making a decision.