Pete's Boats has beginning long-term debt of $840 and ending long-term debt of $790.The beginning and ending total debt balances are $1,220 and $1,360,respectively.The interest paid is $30.What is the amount of the cash flow to creditors?
A) $80
B) −$110
C) $110
D) $20
E) −$80
Correct Answer:
Verified
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