What was net capital spending for 2011

Assignment Help Finance Basics
Reference no: EM13280037

Calculating Net Capital Spending Earnhardt Driving School's 2010 balance sheet showed net fixed assets of $3.4 million, and the 2011 balance sheet showed net fixed assets of $4.2 million. The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?

Reference no: EM13280037

Questions Cloud

What was net capital spending for 2011 : The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?
There are other components for the body assembly but : Whizmo Toy Company is interested in creating an MRP schedule for the manufacture of a new toy car. It needs to set up this schedule for the toy car and the following components
Determine amount of energy used during one evening in units : Alfredo deDarke sleeps with a 7.5-Watt night light bulb on. He turns it on before getting in bed and turns it off 8 hours later. a. Determine the amount of energy used during one evening in units of kiloWatt*hours.
Explain carbon dioxide has a solubility in water : At 25 °C and 765 Torr, carbon dioxide has a solubility of 0.0342 M in water. What is its solubility at 25 °C and 1470 Torr
What was net capital spending for 2011 : The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?
What is the magnitude of the total momentum of the carts : A cart of mass 500g is running with a speed 0.8m/s to the right; What is the magnitude of the total momentum of the carts
What was net capital spending for 2011 : The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?
What actions can firms take to earn a reputation for behave : Firms with a reputation for ethical behavior in strategic alliances are likely to have more opportunities to form cooperative strategies than those that have not earned this reputation
Find the maximum and minimum speeds of flywheel : The mass of flywheel of an engine is 6.5 tonnes and the radius of gyration is 1.8 metres. It is found from the turning moment diagram that the fluctuation of energy is 56 kN-m. If the mean speed of the engine is 120 r.p.m.

Reviews

Write a Review

Finance Basics Questions & Answers

  How would the alleged manipulation lead to losses

How would the alleged manipulation lead to losses for Fannie Mae? Why wouldn't any losses on swaps be offset by gains on the mortgages Fannie Mae was hedging?

  What is your total dollar return on this investment

Six months ago, you purchased 1,900 shares of ABC stock for $25.24 a share. You have received dividend payments equal to $0.40 a share. Today, you sold all of your shares for $27.52 a share. What is your total dollar return on this investment?

  What is the operating cash flow in year six

The annual operating costs (before depreciation) will consist of fixed operating costs of $25,000 plus variable operating costs equal to 75% of sales.

  What is the true initial cost figure southern

What is the true initial cost figure Southern should use when evaluating its project?

  Collection and disbursement techniques with it description

Collection or else disbursement techniques with it description and the bank collects receipts in a post office box for the firm

  What is the bond maturity

Yield to maturity. A (n)14-year bond for katy corp has a market price of $950 and par value of $1,000.If the bond has an annual interest rate of 9 percent, but pays semiannually.What is the bond maturity.

  Explain portfolio management

Explain Portfolio management - Forex Using the currency exposures and exchange rates given above

  Roles of international financial institutions

Would you please define the roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.) and describe how they are employed in global financing operations

  Interest rates and returns on assets

The yield on Treasury bonds has increased because the government wants to borrow more from the public. The demand for money will

  Multiple choice - price elasticity

If P1 = $5, Q1 = 10,000, P2 = $6 and Q2 = 5,000, then at point P1 the point price elasticity equals, An imposition of a new tax on employer for public services coverage would lead to a reduce in the

  Should the investment be made

A company is planning to invest $ 550000 in machinery having an estimated life of 5 years. The machinery is expected to save $ 125000 each year. What will be the NPV if the discount rate is 10%? Should the investment be made?

  What is manors tie ratio

If the company does not maintain a TIE ratio of at least 5 to 1, then its bank will refuse to renew the loan and bankruptcy will result. What is Manor's TIE ratio?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd