Question: please explain the answer so I can understand your logic 20. Accounting Values versus Cash Flows (LO3) In Problem 19, suppose Thorold Umbrella Corp. paid

please explain the answer so I can understand your logic

20. Accounting Values versus Cash Flows (LO3) In Problem 19, suppose Thorold Umbrella Corp. paid out $63,000 in cash dividends. Is this possible? If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what do you know about the firm's long-term debt account

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