Question
In 2017, Lysander Shipping had cash flow from assets of $1.65 million, paid $450,000 in interest expense and $375,000 in dividends. The company most likely:
In 2017, Lysander Shipping had cash flow from assets of $1.65 million, paid $450,000 in interest expense and $375,000 in dividends. The company most likely:
| A. | kept debt at current levels. | |
| B. | issued debt of $825,000. | |
| C. | paid down debt of $825,000. |
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
