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At the end of year 2018, X company balance sheet showed long-term debt of $1,350,000, and the end year, 2019, balance sheet showed long-term debt
At the end of year 2018, X company balance sheet showed long-term debt of $1,350,000, and the end year, 2019, balance sheet showed long-term debt of $1,300,000. The 2019 income statement showed an interest expense of $98,200. What was the firm's cash flow to creditors during 2016? Select one: a.48,200 b.53,100 C. 148,200 d. 122,000
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