Rotweiler obedience schoolrsquos december 31 2007 balance, Ask an Expert

Finance

Rotweiler Obedience School’s December 31, 2007, balance sheet showed net fixed assets of $1.875 million, and the December 31, 2008, balance sheet showed net fixed assets of $2.12 million. The company’s 2008 income statement showed a depreciation expense of $220,000. What was Rotweiler’s net capital spending in 2008?

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Financial Management, Finance

Category:- Financial Management
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