Question 342 pts

RWJ 2-4 MC

At the beginning of the fiscal year, long-term debt of Corona is $149 and total debt is $167. At the end of the fiscal year, long-term debt is $132 and total debt is $172. The interest paid is $15. What is the amount of the cash flow to creditors of Corona?

Be careful!

Group of answer choices

-$64

-$32

$64

$32

Question 352 pts

RWJ 2-1 MC

Majed Corp paid $2,370 in dividends and $29,102 in interest this past year. Common stock increased by $960 and retained earnings decreased by $590. What is the net income for the year?

Group of answer choices

$774

$1,780

$2,370

$356

Which of the following questions are addressed by financial managers? I. How should a product be marketed? II. Should customers be given 20 or 30 days to pay for their credit purchases? III. Should the firm acquire new production equipment?

Group of answer choices

II, and III only

I and III,only

I and II only

I, II and III