Question
At the beginning of the year, the long-term debt of a firm was 89,162 and total debt was 145,678. At the end of the
At the beginning of the year, the long-term debt of a firm was 89,162 and total debt was 145,678. At the end of the year, long-term debt was 76,340 and total debt was 170,266. The interest paid was 12,470. What was the amount of the cash flow to creditors?
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Advanced Accounting
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
2nd edition
1934319309, 978-1934319307
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