Calculate capital expenditures for the, Financial Management

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Calculate capital expenditures for the

Using the data provided below, calculate capital expenditures for the year.

Revenue = $150,000; Depreciation = $5,796; Net Income = $25,000; Quick Ratio = 2.0, Asset Turnover = 5x, Total assets = $200,000; NFA beginning = $57,960, NFA ending = 56,304.

a. $4,140

b. $5,796

c. $1,656

d. $40,000

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Financial Management: Calculate capital expenditures for the

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