Question
The Primus Corporation began the year with $7,226 in its long-term debt account and ended the year with $8,802 in long-term debt. The company paid
The Primus Corporation began the year with $7,226 in its long-term debt account and ended the year with $8,802 in long-term debt. The company paid $939 in interest during the year and issued $2,310 in new long-term debt. How much in long-term debt must the company have paid off during the year?
Multiple Choice
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$1,576
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$734
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$1,576
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$497
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$637
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
