Multiple Choice
Pete's Boats has beginning long-term debt of $180 and ending long-term debt of $210. The beginning and ending total debt balances are $340 and $360, respectively. The interest paid is $20. What is the amount of the cash flow to creditors?
A) -$10.
B) $0.
C) $10.
D) $40. Cash flow to creditors = $20 - ($210 - $180) = -$10
Correct Answer:

Verified
Correct Answer:
Verified
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