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Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $371210; costs = $165150; other expenses = $6936; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $371210; costs = $165150; other expenses = $6936; depreciation expense = $19889; interest expense = $14578; taxes = $16174; dividends = $11898. In addition, youre told that the firm issued $5998 in new equity during 2015 and redeemed $5089 in outstanding long-term debt. If net fixed assets increased by $20845 during the year, what was the addition to NWC?
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