What was the addition to net working capital

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Reference no: EM13255541

Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $207,000; costs = $89,000; other expenses = $5,400; depreciation expense = $9,000; interest expense = $13,100; taxes = $27,150; dividends = $10,300. In addition, you're told that the firm issued $7,900 in new equity during 2009 and repurchased (or bought back) $9,500 in outstanding long-term debt. (additional info I can provide....operating cash flow 85,450.....cash flow to creditors 22600....cash flow to stockholders 2400)

1. If net fixed assets increased by $25,000 during the year, what was the addition to net working capital?

Reference no: EM13255541

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