Question
In year 2020, Neft, Inc. paid $60,800 in interest along with $48,000 in dividends. The company issued $230,000 of stock and $200,000 of new debt.
In year 2020, Neft, Inc. paid $60,800 in interest along with $48,000 in dividends. The company issued $230,000 of stock and $200,000 of new debt. The company reduced the balance due on the old debt by $225,000. What is the amount of the cash flow to creditors?
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The Complete FinOps Handbook Essential Tools And Techniques For Financial Operations
Authors: Peter Bates
1st Edition
1922435546, 978-1922435545
