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Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $211,000; costs = $102,000; other expenses = $5,400; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $211,000; costs = $102,000; other expenses = $5,400; depreciation expense = $8,900; interest expense = $14,500; taxes = $28,070; dividends = $10,000. In addition, you're told that the firm issued $7,900 in new equity during 2009 and redeemed $9,500 in outstanding long-term debt
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