Rotweiler Obedience School's December 31, 2018, balance sheet showed net fixed assets of $1,730,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,050,000. The company's 2019 income statement showed a depreciation expense of $322,000. What was the company's net capital spending for 2019?
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- Wallace Driving School’s 2020 balance sheet showed net fixed assets of $4.7 million, and the 2021 balance sheet showed net fixed assets of $5.3 million. The company’s 2021 income statement showed a depreciation expense of $405,000. What was net capital spending for 2021?Rottweiler Obedience School's December 31, 2021, balance sheet showed net fixed assets of $1,760,000, and the December 31, 2022, balance sheet showed net fixed assets of $2,110,000. The company's 2022 income statement showed a depreciation expense of $328,000. What was the company's net capital spending for 2022? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Net capital spendingRottweiler Obedience School's December 31,2021, balance sheet showed net fixed assets of $1,810,000, and the December 31,2022, balance sheet showed net fixed assets of $2,210,000. The company's 2022 income statement showed a depreciation expense of $338,000. What was the company's net capital spending for 2022?
- Rotweiler Obedience School's December 31, 2018, balance sheet showed net fixed assets of $1,750,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,090,000. The company's 2019 income statement showed a depreciation expense of $326,000. What was the company's net capital spending for 2019? (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 $ 678.000Wallace Driving School's 2020 balance sheet showed net fixed assets of $3.8 million, and the 2021 balance sheet showed net fixed assets of $4.1 million. The company's 2021 income statement showed a depreciation expense of $415,000. What was net capital spending for 2021? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spendingThe 2019 balance sheet showed net fixed assets of $3.7 million while the firm's 2018 balance sheet showednet fixed assets of $3 million. The company’s 2019 income statement showed a depreciation expenseof $200,000. What was net capital spending for 2019?
- Wallace Driving School's 2020 balance sheet showed net fixed assets of $5.4 million, and the 2021 balance sheet showed net fixed assets of $6 million. The company's 2021 income statement showed a depreciation expense of $425,000. What was net capital spending for 2021? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Net capital spending 20 000 000Logano Driving School's 2021 balance sheet showed net fixed assets of $2.4 million, and the 2022 balance sheet showed net fixed assets of $3.4 million. The company's 2022 income statement showed a depreciation expense of $309,000. What was net capital spending for 2022? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)For 2019, Nirvana Industries disclosed cash revenue of $11.0 million and cash expenses of $6.0 million, depreciation on plant and equipment of $2.5 million and an effective tax rate of 21%. For 2019, Nirvana Industries had capital expenditures of $1.0 million to purchase manufacturing equipment and invested $850,000 in net working capital. What were the net (total) cash flows for Nirvana Industries in 2019? Round your answer to the nearest hundredth of million $
- Following are the extracts from the Balance Sheets of a Company 31st December 2019 and 31st December 2020. You are required to calculate Funds from Operation. Particulars 2019 Rs. 2020 Rs. Profit and Loss Appropriation Account General Reserve Goodwill Preliminary for Depreciation of Machinery 40,000 20,000 10,000 10,000 40,000 25,000 5,000 12,000Henrietta Leavitt Health Clinic, a for-profit business, had revenues of $10 million in 2019. Expenses other than depreciation totaled 70% of revenues, and depreciation expense was $1.3 million. They also must pay taxes at a rate of 40 % of pretax income. All revenues were collected in cash during the year, and all expenses, other than depreciation were paid in cash. 1. Construct Henrietta Leavitt Health Clinic’s 2019 income statement. 2. What were Henrietta Leavitt Health Clinic’s net income, total profit margin, and cash flow? 3. Now, suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Henrietta Leavitt Health Clinic’s net income, total profit marge, and cash flow? show all of your workYale Driving School's 2019 statement of financial position showed net fixed assets of $3.8 million, and the 2020 statement of financial position showed net fixed assets of $4.6 million. The company's 2020 statement of comprehensive income showed a depreciation expense of $355,000. ces What was net capital spending in 2020? (Omit $ sign in your response. Enter the answer in dollars, not millions of dollars, i.e. 1,234,567.) Net capital spending Ma Snow off anal $ A < Biay