Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. rottweiler obedience school's december 31,2021, ba

Rottweiler Obedience School's December 31,2021, balance sheet showed net fixed assets of $2.3 million, and...

60.1K

Verified Solution

Question

Finance

Rottweiler Obedience School's December 31,2021, balance sheet showed net fixed assets of $2.3 million, and the December 31,
2022, balance sheet showed net fixed assets of $3.1 million. The company's 2022 income statement showed a depreciation expense
of $327,000. What was the company's net capital spending for 2022?
Note: 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.
Net capital spending
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Assume that G is connected and let                    (G) = min{deg(v) ? Z ?0 | v ?...

Statistics
1.2K views

The article \"Repeatability and Reproducibility for Pass/Fail Data\"† reported that in n = 48 trials in...

Physics
1.2K views

An inclined plane is sliding, and accelerating, on a horizontal frictionless surface. There is a block...

Physics
1.2K views

List the factors that comprise the image formation model. Describe each briefly.

Finance
1.2K views

In-Charge is a publicly listed firm that provides technology allowing customers to monitor their credit and debit...

Biology
1.2K views

How does the Due Process Clause in the 14th Amendment affect the Bill of Rights...

Biology
1.2K views

Which of the following is considered part of the Public Works Project O Creating the...

Calculus
1.2K views

Jerome will be buying a used car for 10 000 in 3 years How much...

Algebra
1.2K views

Q1 Consider the following maximization problem max x 1 0 x 3 3 Note that...

Accounting
1.2K views

Question 2:Answer the following questions: (A1, DI) (10 Points) 1- Identify...

Accounting
1.2K views

A controller must consider many factors to assist in the determination of capital asset expenditures....

Accounting
1.2K views

Operating data for Novak Wholesale Corporation are presented below. \table[[,2025,2024],[Sales revenue,$820,000,$615,000