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pav-90 [236]
3 years ago
13

During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $23

0,000 of stock and $200,000 of new debt. The company reduced the balance due on the old debt by $225,000. What is the amount of the cash flow to creditors
Business
1 answer:
vlada-n [284]3 years ago
3 0

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

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Answer:

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Explanation:

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7 0
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One type of systematic error arises because people tend to think of benefits in percentage terms rather than in absolute dollar
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Answer:

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Explanation:

From the Question,

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7 0
3 years ago
Suppose the demand function for good X is given by:
fiasKO [112]

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

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7 0
3 years ago
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Keith_Richards [23]

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The importance maxim just serves to make the business look good .

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Amiraneli [1.4K]
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