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

Expert Solution

Net new long term debt=Ending long term debt-Beginning long term debt

=28258-37157

=$-8899(Negative)

Cash flow to creditors=Interest expense-Net new long term debt

=3410-(-8899)

=$12309

jeff jeffy answered 2 years ago

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?

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

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...

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

Current Portion of Long-Term Debt PepsiCo, Inc., reported the following information about its long-term debt in...

Current Portion of Long-Term Debt PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total long term-debt $33,284 $28,897 Less current portion (4,071) (5,076) Long-term debt $29,213 $23,821 a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? b. How much did the total current...

1. The current portion of long-term debt should be classified as a long-term liability not be...

1. The current portion of long-term debt should be classified as a long-term liability not be separated from the long-term portion of debt be paid immediately be reclassified as a current liability 2. Which of the following would most likely be classified as a current liability? two-year notes payable bonds payable mortgage payable unearned rent 3. Allowance for Doubtful Accounts has a debit balance of $1,100 at the end of the year (before adjustment), and an analysis of customers' accounts...

Most companies borrow money for long term projects and in addition to this long term debt...

Most companies borrow money for long term projects and in addition to this long term debt they also have other long term commitments (such as a lease). What types of long term commitments might a company have and how do we gauge their ability to pay these commitments in the future?

What is the difference between short-term debt and long-term debt? Describe in detail how debt relates...

What is the difference between short-term debt and long-term debt? Describe in detail how debt relates to financial management

Question