At the beginning of the year, Trees Galore had current liabilities of $15.932 and total debt...

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At the beginning of the year, Trees Galore had current liabilities of $15.932 and total debt of $68.847. By year end, current

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Answer 1

Answer #1

Ans $ 5630

OPENING BORROWINGS =	TOTAL DEBT - CURRENT LIABILITIES
	68847 - 15932
	52915


CLOSING BORROWINGS =	TOTAL DEBT - CURRENT LIABILITIES
	72415 - 13870
	58545

NET NEW BORROWING =	CLOSING BORROWING - OPENING BORROWINGS
	58545 - 52915
	5630

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Answer 2

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