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Corp. shows the following information on its 2015 income statement: sales = $325,537; costs = $205,212; other expenses = $5,406; depreciation expense = $18,693; interest
Corp. shows the following information on its 2015 income statement: sales = $325,537; costs = $205,212; other expenses = $5,406; depreciation expense = $18,693; interest expense = $14,791; taxes = $16,552; dividends = $10,329. In addition, youre told that the firm issued $5,430 in new equity during 2015 and redeemed $4,858 in outstanding long-term debt. What is the 2015 cash flow to creditors?
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