Question
4. At the beginning of the year, Alex's Electronic Inc. had long-term debt of $280 and total debt of $430. At the end of the
4. At the beginning of the year, Alex's Electronic Inc. had long-term debt of $280 and total debt of $430. At the end of the year, long-term debt was $255 and total debt was $390. The firm paid $20 of interest during the year. What is the amount of the cash flow to creditors?
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
