During the past year yard services paid 36800 in interest, Ask an Expert

Finance

During the past year. Yard Services paid $36,800 in interest along with $2,000 in dividends. The company issued $3,000 of stock and $16,000 of new debt. The company reduced the balance due on its old debt by $18,400. What is the amount of the cash flow to creditors?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92319667

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