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

Question 74

Multiple Choice

At the beginning of the year,long-term debt of a firm is $2,400 and total debt is $3,150.At the end of the year,long-term debt is $2,800 and total debt is $4,370.The interest paid is $40.What is the amount of the cash flow to creditors?


A) $440
B) −$40
C) $1,260
D) $1,180
E) −$360

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