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At the beginning of the year, Nestle, had a long-term debt balance of $36,929. During the year, the company repaid a long-term loan in the
At the beginning of the year, Nestle, had a long-term debt balance of $36,929. During the year, the company repaid a long-term loan in the amount of $9,439. The company paid $3,475 in interest during the year, and opened a new long-term loan for $8,365. What was the cash flow to creditors during the year?
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