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During the most current year, XYZ Corp paid $ 71 ,78 0 in interest and $78,790 in dividends. In order to fund a large expansion,
During the most current year, XYZ Corp paid $71,780 in interest and $78,790 in dividends. In order to fund a large expansion, the company also raised $303,000 in new stock and borrowed $182,000 via the bond market, though a portion of the new borrowing was used to pay back $162,000 in bonds that were maturing this year. Calculate the Cash Flow to Creditors.
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