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Company ABC has beginning non-interest bearing current liabilities of $14,602 and total liabilities of $35,418. At the end of the year, the non-interest bearing current
Company ABC has beginning non-interest bearing current liabilities of $14,602 and total liabilities of $35,418. At the end of the year, the non-interest bearing current liabilities are $15,311 and the total liabilities are $37,604. During the year, the firm paid $680 in dividends and $1,320 in interest. What is the cash flow to creditors over the year?
A.
$3,135
B.
$157
C.
$2,797
D.
$3,230
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