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In this case, what is the Addition to NWC if net fixed assets increased by $25,000 during the year, what was the addition to NWC?
In this case, what is the "Addition to NWC" if net fixed assets increased by $25,000 during the year, what was the addition to NWC?
Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $235,000; costs = $141,000; other expenses = $7,900; depreciation expense = $14,600; interest expense = $14,900; taxes = $19,810; dividends = $12,000. In addition, you're told that the firm issued $6,400 in new equity during 2011 and redeemed $4,900 in outstanding long-term debt. a. What is the 2011 operating cash flow? Operating cash flow $ 66290 b. What is the 2011 cash flow to creditors? Cash flow to creditors $ 19800 c. What is the 2011 cash flow to stockholders? Cash flow to stockholders $ 5600] d. If net fixed assets increased by $25,000 during the year, what was the addition to NWC? Addition to NWCStep by Step Solution
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