Question: please help both! will give good rating! J. Milroe Inc. had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During

please help both! will give good rating!
please help both! will give good rating! J. Milroe Inc. had beginning
net fixed assets of $218,470 and ending net fixed assets of $209,411.

J. Milroe Inc. had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets with a book value of $6,943 were sold; Depreciation for the year was $42,822. What is the amount of net capital spending? $65.161 $8,218 $40,706 $67.408 $33,763 A firm has sales of $1,190, net income of $223, net fixed assets of $538, and current assets of $294. The firm has $125 in inventory. What is the common-size balance sheet value of inventory? 1502% 43,95% 18.22% 33.33% 11.78%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!