Question
the December 31,2015, balance sheet of schism, inc,inc., showed long-term debt of $1,460,000, and the December 31,2016, balance sheet showed long-term debt of $1,700,000. the
the December 31,2015, balance sheet of schism, inc,inc., showed long-term debt of $1,460,000, and the December 31,2016, balance sheet showed long-term debt of $1,700,000. the 2016 income statement showed an interest expense of $100,000. what was the firm's cash flow to creditors during 2016?
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
