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What is the firm net capital spending for the year

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Question - Todd's Tuxedos began the year with net fixed assets of $467 and ended with net fixed assets of $542. The firm also sold $315 in assets during the year. Depreciation was $34 and interest expenses were $20. What is the firm's net capital spending for the year?

A) $41

B) $261

C) $75

D) $109

E) $424

Reference no: EM132213742

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