Given, Income Statements and Balance Sheet 2023 Sales 21415 Cost of Goods Sold 16408 Depreciation 1811 EBIT 3196 Interest 1282 Taxable Income 1914 Taxes 705 Net Income 1309 2022 2023 Cash 668 297 Accounts Receivable 1611 1527 Inventory 3848 2947 Total 6127 4771 Net Fixed Assets 17489 17279 Total Assets 23616 22050 Accounts Payable 1694 1532 Notes Payable 2500 199 Total 4194 1731 Long-Term Debt 9800 10650 Common Stock 7500 7000 Retained Earnings 2122 2669 Total Liab. & Equity 23616 22050.

What is the amount of the net capital spending for 2023? 

Answer rating: 100% (QA)

We can calculate the net capital spending for 2023 by analyzing the changes in property plant and eq... View the full answer