Wednesday 29 April 2015

At the beginning of the year, long-term debt of a firm is $280 and total debt is $340. At the end of the year,

At the beginning of the year, long-term debt of a firm is $280 and total debt is $340. At the end of the year, long-term debt is $260 and total debt is $350. The interest paid is $30. What is the amount of the cash flow to creditors?

$50

-$20

$20

$30

$50



At the beginning of the year, long-term debt of a firm is $280 and total debt is $340. At the end of the year,

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