Red Barchetta Co. paid $27,950 in dividends and $28,941 in interest over the past year. During the year, net working capital inc

reased from $13,746 to $18,469. The company purchased $43,100 in fixed assets and had a depreciation expense of $17,255. During the year, the company issued $25,250 in new equity and paid off $21,350 in long-term debt. What was the company's cash flow from assets

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Beta Limited has opening PP&E balance of 150, a depreciation expense of 75, and a closing PP&E balance of 170, what is B

Scilla [3833]

The net capital expenditure for Beta is 95.

Explanation:

To determine Beta's net capital expenditure, use the formula below

Closing PP&E + Depreciation Expense - Opening PP&E

= 170 + 75 - 150

= 95

In this computation, the depreciation expense is added, and the PP&E balance is subtracted from the closing PP&E balance to obtain a precise figure.

Alternatively, it can be calculated based on the capital expenditures derived from a company's income statement and balance sheet. Check for the depreciation expense recorded for the current period in the income statement and find the current period’s property, plant, and equipment in the balance sheet.

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