Earnhardt Driving School’s 2014 balance sheet showed net fixed assets of $3.2 million, and the 2015...
Earnhardt Driving School’s 2014 balance sheet showed net fixed assets of $3.2 million, and the 2015 balance sheet showed net fixed assets of $3.6 million. The company’s 2015 income statement showed a depreciation expense of $287349. What was net capital spending for 2015?
Homework Answers
Net capital spending = NFAend – NFAbeg + Depreciation
Net capital spending = $3,600,000 - $3,200,000 + $287,349
Net capital spending = $687,349
Add Answer to:
Earnhardt Driving School’s 2014 balance sheet showed net fixed assets of $3.2 million, and the 2015...
Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $3.2 million, and the 2015...
Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $3.2 million, and the 2015 balance sheet showed net fixed assets of $3.8 million. The company’s 2015 income statement showed a depreciation expense of $235,000. What was net capital spending for 2015? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending $
Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.5 million, and the 2018...
Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.5 million, and the 2018 balance sheet showed net fixed assets of $6.5 million. The company's 2018 income statement showed a depreciation expense of $975,000. What was net capital spending for 2018?
Bowyer Driving schools 2014 balance sheet showed neck fixed assets of $4.2 million, and the 2015...
Bowyer Driving schools 2014 balance sheet showed neck fixed assets of $4.2 million, and the 2015 balance sheet showed neck fixed assets of $5 million. The company is 2015 income statement show the depreciation expense of $205,000. What was that capital spending for 2015?
Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.1 million, and the 2009...
Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.1 million, and the 2009 balance sheet showed net fixed assets of $5.6 million. The company's 2009 income statement showed a depreciation expense of $965,000. What was net capital spending for 2009?
Logano Driving School's 2017 balance sheet showed net fixed assets of $3.4 million, and the 2018...
Logano Driving School's 2017 balance sheet showed net fixed assets of $3.4 million, and the 2018 balance sheet showed net fixed assets of $3.9 million. The company's 2018 income statement showed a depreciation expense of $325,000. What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending
Logano Driving School's 2017 balance sheet showed net fixed assets of $5.2 million, and the 2018...
Logano Driving School's 2017 balance sheet showed net fixed assets of $5.2 million, and the 2018 balance sheet showed net fixed assets of $5.8 million. The company's 2018 income statement showed a depreciation expense of $335,000. 10 points What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending eBook Hint
Rotweiler Obedience School’s December 31, 2018, balance sheet showed net fixed assets of $1,745,000, and the...
Rotweiler Obedience School’s December 31, 2018, balance sheet showed net fixed assets of $1,745,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,080,000. The company’s 2019 income statement showed a depreciation expense of $325,000. What was the company's net capital spending for 2019? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
Rotweiler Obedience Schools December 31, 2015, balance sheet showed net fixed assets of $1,790,000, and the...
Rotweiler Obedience Schools December 31, 2015, balance sheet showed net fixed assets of $1,790,000, and the December 31, 2016, balance sheet showed net fixed assets of $2,170,000. The company's 2016 income statement showed a depreciation expense of $334,000 What was the company's net capital spending for 2016? (Enter your answer in dollars, not millions of dollars,e.g. 1,234,567. Do not round intermediate caleulations and round your answer to the nearest whole number, .9.32) Net capital spending $
The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long-term debt of $6.1 million, and...
The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long-term debt of $6.1 million, and the 2015 balance sheet showed long-term debt of $6.35 million. The 2015 income statement showed an interest expense of $210,000. The 2014 balance sheet showed $600,000 in the common stock account and $5.7 million in the additional paid-in surplus account. The 2015 balance sheet showed $640,000 and $6.2 million in the same two accounts, respectively. The company paid out $605,000 in cash dividends during...
The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.9 million, and...
The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.9 million, and the 2015 balance sheet showed long-term debt of $5.1 million. The 2015 income statement showed an interest expense of $87331. During 2015, Maria’s Tennis Shop, Inc. realized the following: Cash flow to creditors $ 29992 Cash flow to stockholders $ 60514 Suppose you also know that the firm’s net capital spending for 2015 was $3.4 million, and that the firm reduced its net working...
Logano Driving School's 2017 balance sheet showed net fixed assets of $3.4 million, and the 2018 balance sheet showed net fixed assets of $3.9 million. The company's 2018 income statement showed a depreciation expense of $325,000. What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending
Logano Driving School's 2017 balance sheet showed net fixed assets of $5.2 million, and the 2018 balance sheet showed net fixed assets of $5.8 million. The company's 2018 income statement showed a depreciation expense of $335,000. 10 points What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending eBook Hint
Rotweiler Obedience Schools December 31, 2015, balance sheet showed net fixed assets of $1,790,000, and the December 31, 2016, balance sheet showed net fixed assets of $2,170,000. The company's 2016 income statement showed a depreciation expense of $334,000 What was the company's net capital spending for 2016? (Enter your answer in dollars, not millions of dollars,e.g. 1,234,567. Do not round intermediate caleulations and round your answer to the nearest whole number, .9.32) Net capital spending $
The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long-term debt of $6.1 million, and the 2015 balance sheet showed long-term debt of $6.35 million. The 2015 income statement showed an interest expense of $210,000. The 2014 balance sheet showed $600,000 in the common stock account and $5.7 million in the additional paid-in surplus account. The 2015 balance sheet showed $640,000 and $6.2 million in the same two accounts, respectively. The company paid out $605,000 in cash dividends during...
Most questions answered within 3 hours.
-
Discuss how Entrepreneurial leadership style differs
from traditional leadership?
asked 21 minutes ago -
A futuristic design for a car is to have a large solid
disk-shaped flywheel within the...
asked 19 minutes ago -
Solid NaOH is added to a solution of 0.50 M acetic acid until
the pH of...
asked 22 minutes ago -
Which of the following statements is not a characteristic of the
Internal Revenue Code?
A) The...
asked 30 minutes ago -
Say true or false and explain it.
A heap is represented using an array. The array...
asked 40 minutes ago -
Explain how the DNA replication enzyme complex is organized and
functions, please don't copy paste from...
asked 39 minutes ago -
how
can personality contribute to one scoring high on the need to
evaluate measurement by Jarvis?
asked 41 minutes ago -
A high jumper is attempting to jump over a crossbar that is
placed at a height...
asked 45 minutes ago -
1.
A hemophiliac male mates with a healthy female. what are the
possible genotypes for the...
asked 1 hour ago -
You could argue that even though Rockefeller clearly had
enormous market power (90% of the market)...
asked 1 hour ago -
At the beginning of the year, Palermo Brothers, Inc., purchased
a new plastic water bottle making...
asked 1 hour ago -
Calculate the change in the Gibbs energy of the system for the
following processes: a) 6.0...
asked 1 hour ago