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What was the company net capital spending

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Q1. Benson, Ine, has sales of $41,680, costs of $13,560, depreciation expense of $2,910, and interest expense of $2,120. The tax rate is 24 percent. What is the operating cash flow, or OCF?

Q2. Rotweiler Obedience School's December 31, 2018, balance sheet showed net fixed assets of $1,220,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,130,000. The company's 2019 income statement showed a depreciation expense of $330,000. What was the company's net capital spending for 2019?

Reference no: EM132835029

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