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Question: At the beginning of the year, a firm had total assets of $360,000, current liabilities of $28,700, and total equity of $229,000. At the end of the year, the total assets were $411,000, current liabilities were $31,600, and total equity was $246,000. The firm paid $6,800 in interest expense. What is the cash flow to creditors for the year?

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Category:- Basic Finance
Reference No.:- M92783225

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