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Question 8 5 pts During 2014, a firm paid $30,000 in interest expense and its long-term debt increased from $55,000 to $65,00
Question 3 5pts Als Sport Store has sales of $897.400 and accounts receivable of $74,100. How many days, on average, does it
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Answer #1

4)

Cash flow to creditors (CFC) = Interest Net new LTD -30000-(65000-55000) Cash flow to creditors (CFC) 20,000

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