ABC paid $128,600 in interest over the year, along with $88,000 in dividends. The company issued $130,000 of stock and $50,000 of new debt.

ABC paid $128,600 in interest over the year, along with $88,000 in dividends. The company issued $130,000 of stock and $50,000 of new debt. During the year, the company reduced the balance due on the old debt by $435,000. What is the amount of the cash flow to creditors for the year?

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now