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Use the data from the financial statements provided. The company pid interest expense of $18,800 for 2017 and had an overall tax rate of %40
Use the data from the financial statements provided.
(Click on the following icon [ in order to copy its contents into a spreadsheet.) Cash flow to creditors. Use the data from the following financial statements in the popup window, The company paid interest expense of $18,800 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow to creditors for 2017 by parts and total, with the parts being interest expense and increases or decreases in borrowing (long-term debt). The interest expense for the year is $ (Round to the nearest dollar.) The net new borrowing is $ (Round to the nearest dollar.) The cash flow to creditors is $ (Round to the nearest dollar.) The company pid interest expense of $18,800 for 2017 and had an overall tax rate of %40 for 2017. Find the cash flow to creditors for 2017 by parts and total, with the parts being interest expense and i creases or decreases in borrowing (long-term debt).
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