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Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $326098; costs = $162867; other expenses = $8120; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $326098; costs = $162867; other expenses = $8120; depreciation expense = $19781; interest expense = $14370; taxes = $18372; dividends = $10152. In addition, youre told that the firm issued $6951 in new equity during 2015 and redeemed $4348 in outstanding long-term debt. If net fixed assets increased by $20544 during the year, what was the addition to NWC?
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