Youre told that the firm issued 6300 in new equity during


Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $255,000; costs = $156,000; other expenses = $7,900; depreciation expense = $15,600; interest expense = $14,800; taxes = $21,245; dividends = $12,000. In addition, you’re told that the firm issued $6,300 in new equity during 2011 and redeemed $4,800 in outstanding long-term debt.

What is the 2011 operating cash flow?

If net fixed assets increased by $28,000 during the year, what was the addition to NWC?

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Financial Management: Youre told that the firm issued 6300 in new equity during
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