Business, 18.03.2021 01:40 jesusmojica25
During 2009 Company BBYT had sales of $740,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $571,000, $99,000, and $129,000, respectively. The company also had an interest expense of $103,000 and a tax rate of 35 percent. Assume BBYT paid out $16,000 in cash dividends. If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the firm's net new long-term debt
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During 2009 Company BBYT had sales of $740,000. Cost of goods sold, administrative and selling expen...
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