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

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)

Add a comment

Answer 2

Similar Homework Help Questions

Pete's Boats has beginning long-term debt of $840 and ending long-term debt of $790. The beginning...

Pete's Boats has beginning long-term debt of $840 and ending long-term debt of $790. The beginning and ending total debt balances are $1,220 and $1,360, respectively. The interest paid is $30. What is the amount of the cash flow to creditors? Multiple Choice −$110 $80 $110 −$80 $20
MC algo 2-38 Cash Flow Identity During the past year, a company had cash flow to...

MC algo 2-38 Cash Flow Identity During the past year, a company had cash flow to stockholders, an operating cash flow and net capital spending of $15.706, 537.258, and $16,440, respectively. The networking capital at the beginning of the year was $6.474 and it was $7,880 at the end of the year. What was the company's cash flow to creditors during the year? Mumple Choice ο ο ο ο Ο
MC algo 2-33 Cash Flow Identity Rousey, Inc., had a cash flow to creditors of $16,470...

MC algo 2-33 Cash Flow Identity Rousey, Inc., had a cash flow to creditors of $16,470 and a cash flow to stockholders of $6.866 over the past year. The company also had net fixed assets of $49.430 at the beginning of the year and $56,800 at the end of the year. Additionally, the company had a depreciation expense of $11.988 and an operating cash flow of $50,399. What was the change in net working capital during the year! Multiple Choice...

Question 7 11.11 pts Wing Air, Inc. has a beginning long-term debt of $290 and an...

Question 7 11.11 pts Wing Air, Inc. has a beginning long-term debt of $290 and an ending long-term debt of $301. The beginning and ending total debt balances are $440 and $460, respectively. The interest paid is 25. What is the amount of the cash flow to creditors? 0-$566 O $275 O $14 O $2
At the beginning of the year, Anita's Wafles had long-term debt of $306 and total debt...

At the beginning of the year, Anita's Wafles had long-term debt of $306 and total debt of $338. At the end of the year, the firm has long-term debt of $268 and total debt of $348. The interest paid is $34 and depreciation is $20. What is the cash flow to creditors? Multiple Choice $38 o -$38 o
At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $38,304....

At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $38,304. During the year, the company repaid a long-term loan in the amount of $11,364. The company paid $4,520 in interest during the year, and opened a new long-term loan for $9,960. What was the cash flow to creditors during the year? Multiple Choice Ο Ο $6,844 Ο $12,460 Ο $5,924 Ο $5,440

MC algo 2-30 Calculating Cash Flow From Assets Red Barchetta Co. paid $27725 in dividends and...

MC algo 2-30 Calculating Cash Flow From Assets Red Barchetta Co. paid $27725 in dividends and $28.626 in interest over the past year. During the year, networking capital increased from $13,626 to $18,344. The company purchased $42,550 in foxed assets and had a depreciation expense of $17,030. During the year, the company issued $25.125 in new equity and paid off $21,175 in long-term debt What was the company's cash flow from assets? Multiple Choice o o 552,401 o О 552796...
At the beginning of the year, Shinedown, Corp., had a long-term debt balance of $47,380. During...

At the beginning of the year, Shinedown, Corp., had a long-term debt balance of $47,380. During the year, the company repaid a long-term loan in the amount of $13,505. The company paid $5,270 in interest during the year, and opened a new long-term loan for $11,870. How much is the ending long-term debt account on the company's balance sheet?
At the beginning of the year, the long-term debt of a firm was 290 and total...

At the beginning of the year, the long-term debt of a firm was 290 and total debt was 360. At the end of the year, long-term debt was 250 and total debt was 370. The interest paid was 34. What is the amount of the cash flow to creditors?

A company has beginning total debt of $682,400 and ending total debt of $697,413. Current liabilities...

A company has beginning total debt of $682,400 and ending total debt of $697,413. Current liabilities increased by $18,915 during the year. What was the cash flow to creditors if the firm paid $34,215 in interest during the year?