60.1K
Verified Solution
Link Copied!
Net capital spending:
a.
is equal to the net change in the current accounts.
b.
is equivalent to the cash flow from assets minus the operating cash flow minus the change in net working capital.
c.
is equal to zero if the decrease in the net fixed assets is equal to the depreciation expense.
d.
reflects the net changes in total assets over a stated period of time.
Answer & Explanation
Solved by verified expert
