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Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $349732; costs = $196430; other expenses = $8679; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $349732; costs = $196430; other expenses = $8679; depreciation expense = $18117; interest expense = $14647; taxes = $16034; dividends = $10486. In addition, youre told that the firm issued $6690 in new equity during 2015 and redeemed $4991 in outstanding long-term debt. What is the 2015 cash flow to shareholders?
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