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At the beginning of the year, a firm had total assets of $369,000, current liabilities of $29,600, and total equity of $238,000. At the end of the year, the total assets were $420,000, current liabilities were $32,500, and total equity was $255,000. The firm paid $6,890 in interest expense. What is the cash flow to creditors for the year?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92023554

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