If net fixed assets increased by $20,250 during the year, what was the addition to NWC? Sales153,000

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If net fixed assets increased by $20,250 during the year, what was the addition to NWC?

Sales153,000

Costs81,900

Other Expenses5,200

Depreciation10,900

Interest Expense8,400

Taxes16,330

Dividends7,200

New Equity2,600

Redeemed LT Debt3,900

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Corporate Finance

ISBN: 978-0071339575

7th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro

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Posted Date: Mar 06, 2024 11:38 PM

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If net fixed assets increased by $20,250 during the year, what was the addition to NWC? Sales153,000

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To calculate the addition to Net Working Capital NWC we can use the following formula textAddition to NWC Delta textNWC Delta textCurrent Assets Delta ... View the full answer

Corporate Finance

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