At the beginning of the year, the long-term debt of a firm was 89,162 and total...

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At the beginning of the year, the long-term debt of a firm was 89,162 and total debt was 145,678. At the end of the year, long-term debt was 76,340 and total debt was 170,266. The interest paid was 12,470. What was the amount of the cash flow to creditors? At the beginning of the year, the long-term debt of a firm was 89,162 and total debt was 145,678. At the end of the year, long-term debt was 76,340 and total debt was 170,266. The interest paid was 12,470. What was the amount of the cash flow to creditors?

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Answer To calculate the cash flow to creditors we need to consider the change in longterm debt the i... View the full answer