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Question 10 1 pts J.C. Penney reports 2020 operating cash flow of $2,355. During 2020, Property, Plant & Equipment increases by $230, and the company
Question 10 1 pts J.C. Penney reports 2020 operating cash flow of $2,355. During 2020, Property, Plant & Equipment increases by $230, and the company invests $630 in purchasing new equipment and intangible e- commerce assets. Given the following information, how much of the Term Loan A could J.C. Penney optionally pay off in 2020? Cash and equivalents: $340 Minimum cash balance: $120 11.5% Senior Unsecured Notes due 2097: $2,135 9.5% Senior Subordinated Notes due 2031: $2,430 6.75% Term Loan A due 2028, 5% amortization: $2,350 $1,828 $1,063 $118 O $2,350 Question 10 1 pts J.C. Penney reports 2020 operating cash flow of $2,355. During 2020, Property, Plant & Equipment increases by $230, and the company invests $630 in purchasing new equipment and intangible e- commerce assets. Given the following information, how much of the Term Loan A could J.C. Penney optionally pay off in 2020? Cash and equivalents: $340 Minimum cash balance: $120 11.5% Senior Unsecured Notes due 2097: $2,135 9.5% Senior Subordinated Notes due 2031: $2,430 6.75% Term Loan A due 2028, 5% amortization: $2,350 $1,828 $1,063 $118 O $2,350
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