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At the beginning of the year ABC Company reported current portion of long-term debt of $379 million and long-term debt of $3,510 million. At the
At the beginning of the year ABC Company reported current portion of long-term debt of $379 million and long-term debt of $3,510 million. At the end of the year it reported current portion of long-term debt of $200 * million and long-term debt of $3,750 million. What was the total cash (in 5 millions) used to repay (or total cash generated from issuing) long-term debt? If a net cash outflow, be certain to place a negative sign in front of your answer. cash flow from financing activities=(end of year current portion of long term debt ) + (end of year long term debt - Beg of year long terma (280-370)+(3750 - 3510 ) = 150 At the beginning of the year ABC Company reported current portion of long-term debt of $379 million and long-term debt of $3,510 million. At the end of the year it reported current portion of long-term debt of $200 * million and long-term debt of $3,750 million. What was the total cash (in 5 millions) used to repay (or total cash generated from issuing) long-term debt? If a net cash outflow, be certain to place a negative sign in front of your answer. cash flow from financing activities=(end of year current portion of long term debt ) + (end of year long term debt - Beg of year long terma (280-370)+(3750 - 3510 ) = 150
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