A firm has earnings before interest and tax of 25380 with, Ask an Expert

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A firm has earnings before interest and tax of $25380 with net income of $14220 the taxes amounted $5400 for the year. During the year the firm paid out $43800 to pay off existing debt and then later borrowed an additional $24000 what is the amount of the cash flow to creditors

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91420423

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