Question: Section A ABC Corporation has net cash flow from financing activities for the last year of $60. During the year, the change in notes payable

Section A ABC Corporation has net cash flow from financing activities

Section A ABC Corporation has net cash flow from financing activities for the last year of $60. During the year, the change in notes payable on the balance sheet was $54, and change in common and preferred stock was $3. The company paid $48 in dividends last year. The end of year balance for long-term debt was $264. Calculate the beginning of year balance for long-term debt

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