BassiCorporation had a beginning and ending fixed asset balance of $400 and $650 respectively. During the year its net capital spending was $330. Given this information, determine the company's depreciation expense. 

Select one:

a. $80

b. $100

c. $120

d. $140

e. $160

 

Blaze Corporation had OCF of $400, change in net working capital of 300 and cash flow from assets of $320. Given this information, calculate its net capital spending. 

Select one:

a. $-220

b. $220

c. $170

d. $150

e. $-170

 

Dale Corporation had beginning fixed assets of $3,500 an ending fixed asset balance of $4,800 invested and depreciation expense of $200. Given this information, determine the net investment in fixed assets. 

Select one:

a. $1,600

b. $1,500

c. $1,300

d. $1,200

e. $1,400

Please provide the answer with solving process. Thank you very much.

Answer rating: 100% (QA)

Answer 1 Option D is correct 140 Depreciation expense is the amount that a companys assets are depre... View the full answer