During the past year, yard services paid $36,800 in interest along with $2,000 in dividends. the company issued $3,000 of stock and $16,000 of new debt. the company reduced the balance due on its old debt by $18,400. what is the amount of the cash flow to creditors?

The amount of the cash flow to creditors is $39200.

Explanation:

cash flow to creditors = Interest payments + reduced balance of old debt - Issued balance of new debt

                                     = ($36800 + $18400 - $16000)

                                    = $39200.

Therefore, the amount of the cash flow to creditors is $39200.

answer; /// i believe the correct answer is first in, first out(fifo); //

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%