At the beginning of the year, long-term debt of Cooper Tires is $2,459 and total debt...

At the beginning of the year, long-term debt of Cooper Tires is $2,459 and total debt is $3,018. At the end of the year, long-term debt is $2,573 and total debt is $3,319. The interest paid is $129. What is the amount of the cash flow to creditors?

		-$31
		$23
		-$18
		$15
		-$27

Expert Solution

Amount paid to Debt Creditors during the year = Interest paid + Long term Debt at the beginning of the year – Long term Debt at the End of the year

= $129+$2459-$2573

= $15

jeff jeffy answered 3 months ago

At the beginning of the year, long-term debt of a firm is $304 and total debt...

At the beginning of the year, long-term debt of a firm is $304 and total debt is $337. At the end of the year, long-term debt is $267and total debt is $347. The interest paid is $33. What is the amount of the cash flow to creditors? 33 37 -70 70 -37

At the beginning of the year, MECCS Inc. had long-term debt of$1,893 and total debt...

At the beginning of the year, MECCS Inc. had long-term debt of $1,893 and total debt of $3,685. At the end of the year, the long-term debt is $1,581 and total debt is $3,192. If $993 of interest was paid during the year, what is the cash flow to creditors? Group of answer choices$500$681$1,486$1,305

Ali & Son Enterprise had beginning long-term debt of $41,048and ending long-term debt of $26,745....

Ali & Son Enterprise had beginning long-term debt of $41,048 and ending long-term debt of $26,745. The beginning and ending total debt balances were $97,131 and $82,395, respectively. The interest paid was $3,081. What is the amount of the cash flow to creditors?

The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term...

The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .43 and a current ratio of 1.27. Current liabilities are $2,395, sales are $10,465, profit margin is 11 percent, and ROE is 16 percent. What is the amount of the firm’s long-term debt? (Do not round intermediate calculations and your answer to 2 decimal places, e.g., 32.16.) What is the amount of the firm’s total debt? (Do not round intermediate...

What is the term used to refer to the yield on a long-term (20-year) debt obligation...

What is the term used to refer to the yield on a long-term (20-year) debt obligation issued by the U.S. government?

ali & son enterprice had beginnig long-term debt of $37,157 and ending long term debt of...

ali & son enterprice had beginnig long-term debt of $37,157 and ending long term debt of 28258$. the beginning and ending table balance were $87517 and $84470, reprecebtively . the interset paid was $3410 what is the amount of cash flow to crediors

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .43...

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .43 and a current ratio of 1.5. Current liabilities are $990, sales are $6,410, profit margin is 9.3 percent, and ROE is 20.4 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assets = neither of these are the answer 5362.74, 3,683.75, 5378.53

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .39...

The Arkham Company has a ratio of long-term debt to long-term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are $950, sales are $6,370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

outline the advantages of using short term debt as opposed to long term debt in the...

outline the advantages of using short term debt as opposed to long term debt in the financing of working capital. support with references

Last year KRJ Enterprises reported average short-term debt of $228, average current portion of long-term debt...

Last year KRJ Enterprises reported average short-term debt of $228, average current portion of long-term debt of $126, average long-term debt of $567, and average total stockholders’ equity of $1,809. It also reported operating earnings (EBIT) of $1,159 and an effective tax rate of 22%. What was the company’s return on invested capital for the year? Present your answer in percentage terms, rounded to two decimal places, e.g., 20.00%.

Question