During the past year the rawlins co paid 234800 in interest, Ask an Expert

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During the past year, the Rawlins Co. paid $234,800 in interest along with $75,000 in dividends. The company issued $50,000 of stock and $200,000 of new debt. The company reduced the balance due on the old debt by $325,000. What is the amount of the cash flow to creditors for the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91261296

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