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11. At the beginning of the year, long-term debt of a firm is $68,700 and total 1s $71,425. At the end of the year, long-term

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11. At the beginning of the year, long-term debt of a firm is $68,700 and total 1s $71,425. At the end of the year, long-term debt is $92,460 and total debt i 595,609. The interest paid is $5,412. What is the amount of the cash flow to creditors? a. $18,348 b. -$12,936 c. $2,414 d. $23,760 e. $29,172 12. Hi-Performance Motors has net income of $62,408. The firm pays out 55 percent of the net income to its shareholders as dividends. During the year, the company sold $125,000 worth of common stock. What is the cash flow to stockholders? a. -$125,000.00 b. $90,675.60 c.-$48,246.19 d. $22,309.11 e. $51,368.29 13. Margo's Dress Shoppe had the following values as of the end of last year and the end of this year. Which of the following are sources of cash for the year? Accounts payable Accounts receivable Cash Inventory Last year $890 216 101 922 This year $917 209 108 892 a. cash and accounts receivable b. cash and accounts payable c. accounts receivable and inventory d. cash, accounts payable, and inventory e. accounts payable, accounts receivable, and inventory

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