Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $316,547; costs = $219,406; other expenses = $8,481; depreciation expense = $18,633; interest expense = $14,216; taxes = $15,217; dividends = $10,678. In addition, you're told that the firm issued $5,629 in new equity during 2015 and redeemed $3,283 in outstanding long-term debt. If net fixed assets increased by $24,154 during the year, what was the addition to NWC?
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Home » Business » Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $316,547; costs = $219,406; other expenses = $8,481; depreciation expense = $18,633; interest expense = $14,216; taxes = $15,217; dividends = $10,678.