Question
The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,440,000 and the December 31, 2022, balance sheet showed long-term debt of
The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,440,000 and the December 31, 2022, balance sheet showed long-term debt of $1,660,000. The 2022 income statement showed an interest expense of $98,000. What was the firm's cash flow to creditors during 2022?
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Health Care Finance Economics And Policy For Nurses
Authors: Betty Rambur
2nd Edition
0826152538, 978-0826152534
