Balance Sheet for Bearcat Hathaway, 2022 2021 2022 Cash Accounts Receivable Inventory Current Assets Gross Fixed Assets $16.251.665 $20,567,330 Less $7,460,897 $10,117,819 Accum.Depreciation Net Fixed Assets $5.268,485 $10,268,485 $2,574,230 $2,314,672 $529,062 $696,685 $8,371,777 $13,279,842 Total Assets $8,790,768 $10,449,511 $17,162,545 $23,729,353 Calculate the net capital spending in 2022. O $6,566,808 O $4,908,065 O None of these options are corect O $4.315,665 Accounts Payable Notes Payable Current Liabilities Long Term Debt Total Liabilities Common Stock ($0.50 par) Capital Surplus Retained Earnings Total Liabilities and Equity 2021 2022. $1.673,992 $2,438,271 $1,033,110 $1,987,233 $2,707,102 $4,425,504 $9,242,830 $11,468,302 $11.949,932 $15,893,806 $1,300,000 $1,600,000 $1.148.120 $1,800,969 $2,764,493 $4,434,578 $17,162,545 $23,729,353
Balance Sheet for Bearcat Hathaway, 2022 2021 2022 Cash Accounts Receivable Inventory Current Assets Gross Fixed Assets $16.251.665 $20,567,330 Less $7,460,897 $10,117,819 Accum.Depreciation Net Fixed Assets $5.268,485 $10,268,485 $2,574,230 $2,314,672 $529,062 $696,685 $8,371,777 $13,279,842 Total Assets $8,790,768 $10,449,511 $17,162,545 $23,729,353 Calculate the net capital spending in 2022. O $6,566,808 O $4,908,065 O None of these options are corect O $4.315,665 Accounts Payable Notes Payable Current Liabilities Long Term Debt Total Liabilities Common Stock ($0.50 par) Capital Surplus Retained Earnings Total Liabilities and Equity 2021 2022. $1.673,992 $2,438,271 $1,033,110 $1,987,233 $2,707,102 $4,425,504 $9,242,830 $11,468,302 $11.949,932 $15,893,806 $1,300,000 $1,600,000 $1.148.120 $1,800,969 $2,764,493 $4,434,578 $17,162,545 $23,729,353
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Explain well with proper answer with step by step.
Transcribed Image Text:Balance Sheet for Bearcat Hathaway, 2022
2021
2022
Cash
Accounts
Receivable
Inventory
Current Assets
Gross Fixed Assets $16.251.665 $20,567,330
Less
$7,460,897 $10,117,819.
Accum.Depreciation
Net Fixed Assets
$5,268,485 $10,268,485
$2,574,230 $2,314,672
$529,062 $696,685
$8,371,777 $13,279,842
Total Assets
$8,790,768 $10,449,511
$17.162,545 $23,729,353
Calculate the net capital spending in 2022.
O $6,566,808
O $4,908,065
O None of these options are corect
O $4.315,665
O $1.658,743
Accounts Payable
Notes Payable
Current Liabilities.
Long Term Debt
Total Liabilities
Common Stock ($0.50
par)
Capital Surplus
Retained Earnings
Total Liabilities and
Equity
2021
2022.
$1.673,992 $2,438,271
$1,033,110 $1,987,233
$2,707,102 $4,425,504
$9,242,830 $11,468,302
$11.949.932 $15.893,806
$1,300,000 $1,600,000
$1,148,120 $1,800,969
$2,764,493 $4,434,578
$17,162,545 $23,729,353
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education