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Riku spent the summer interning at a glass factory, and was working with last year's financial statements. He found that the cash flow to stockholders
Riku spent the summer interning at a glass factory, and was working with last year's financial statements. He found that the cash flow to stockholders was $14,643 last year. The company also had $39,214 in net capital spending and operating cash flow of $56,200. Given that the company began last year with $6,198 in net working capital and ended the year with $8,493, what was the firm's cash flow to creditors?
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