MC algo 2-46 Cash Flow To Creditors Adison Winery had beginning long-term debt of $39,231 and...

Question

Question

MC algo 2-46 Cash Flow To Creditors Adison Winery had beginning long-term debt of $39,231 and ending long-term debt of $44,62

business accounting

Answer 1

Answer #1

Net new long term debt=ending long term debt- beginning long term debt

=44624-39231=$5,393

Hence cash flow to creditors=interest-net new long term debt

=4309-5393

=($1084) (negative)

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Answer 2

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