{"id":562,"date":"2017-11-03T20:56:07","date_gmt":"2017-11-03T14:56:07","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/the-blue-bonnets-2008-balance-sheet-showed-net-fixed-spending-for-2009\/"},"modified":"2017-11-03T20:56:07","modified_gmt":"2017-11-03T14:56:07","slug":"the-blue-bonnets-2008-balance-sheet-showed-net-fixed-spending-for-2009","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/the-blue-bonnets-2008-balance-sheet-showed-net-fixed-spending-for-2009\/","title":{"rendered":"The Blue Bonnet&#8217;s 2008 balance sheet showed net fixed&#8230;..spending for 2009?"},"content":{"rendered":"<p>The Blue Bonnet&#8217;s 2008 balance sheet showed net fixed assets of $2.2 million, and the 2009 balance sheet showed net fixed assets of $2.6 million. The company&#8217;s income statement showed a depreciation expense of $900,000. What was the amount of the net capital spending for 2009?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[69],"subject":[7],"class_list":["post-562","mcq","type-mcq","status-publish","hentry","topic-financial-statements-taxes-and-cash-flow","subject-corporate-finance"],"mcq_note":"The Blue Bonnet's 2008 balance sheet showed net fixed assets of $2.2 million, and the 2009 balance sheet showed net fixed assets of $2.6 million. The company's income statement showed a depreciation expense of $900,000. The amount of the net capital spending for 2009 was\u00a0$1,300,000.","mcq_options":[{"right":"no","answer":"-$500,000 "},{"right":"yes","answer":"$1,300,000 "},{"right":"no","answer":"$1,700,000 "},{"right":"no","answer":"$1,800,000 "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":69,"title":"Financial Statements, Taxes, and Cash Flow","slug":"financial-statements-taxes-and-cash-flow"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=562"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=562"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=562"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}