Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 2, Problem 9QP
Summary Introduction

To calculate: The net capital spending.

Introduction:

Net capital spending refers to the difference between the amount utilized for purchasing fixed assets and the amount received from the sale of fixed assets. Calculate the net capital spending as follows:

Net capital spending
Ending net fixed assets xxx
Less: Beginning net fixed assets xxx
Add: Depreciation xxx
Net capital spending xxx

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Essentials of Corporate Finance

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