During the past year, Yard Services paid $36,800 in interest along with $2,000 in dividends.The company issued $3,000 of stock and $16,000 of new debt.The company reduced the balance due on its old debt by $18,400.What is the amount of the cash flow to creditors?
A) $8,200
B) $55,200
C) $2,400
D) $39,200
E) $15,800
Correct Answer:
Verified
Q89: The financial statements of Blue Fin Marina
Q90: The balance sheet of a firm shows
Q91: Home Supply, Inc.has compiled the following information:
Q92: On December 31, 2015, The Play House
Q93: The balance sheet of Binger, Inc.has the
Q95: Roscoe's fixed assets were purchased three years
Q96: A firm has earnings before interest and
Q97: Six months ago, Benders Gym repurchased $140,000
Q98: A balance sheet shows beginning values of
Q99: The Underground Cafe has an operating cash
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents