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Nightwish Corporation shows the following information on its 2021 income statement: Sales =$3,493; Costs =$295,000; Other expenses =$7,900; Depreciation expense =$19,900; Interest expense =$14,600; Taxes
Nightwish Corporation shows the following information on its 2021 income statement: Sales =$3,493; Costs =$295,000; Other expenses =$7,900; Depreciation expense =$19,900; Interest expense =$14,600; Taxes =$18,410; Dividends =$12,000. In addition, you're told that the firm issued $3,493 in new equity during 2021 and redeemed $2,238 in outstanding long-term debt. (Do not round intermediate calculations.) If the change in net working capital is 0 , what is the Net Capital Spending for the year
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