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At the Beginning of the Year,long-Term Debt of a Firm

Question 65

Multiple Choice

At the beginning of the year,long-term debt of a firm is $270 and total debt is $340.At the end of the year,long-term debt is $290 and total debt is $390.The interest paid is $40.What is the amount of the cash flow to creditors?


A) -$50
B) -$20
C) $20
D) $50
E) $60

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