A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the firm paid out $31,600 to pay off existing debt it then later borrowed $42,000. What is the amount of the cash flow to creditors?
a. $0
b. $14,040
c. - $14,040
d. $4,660
e. - $4,940
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the firm paid out ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which companies are considered national business McDonalds, apple, anheuser-bush, Kumar, Coca-Cola
Answers (1)
Is the business relationship between the statler group and kellogg-champion securities a lost cause?
Answers (1)
Analysis to determine how well the government performs its roles in the market economy and explore the trade-offs associated with various public policies.
Answers (1)
A merchandising business paid $2,500 to purchase inventory and $50 to have the inventory delivered to its customers. Its product costs were $2,550. a) True b) False
Answers (1)
1. Rihanna enters into a contract with Britney to provide 100 roses for a dinner party. Britney fails to deliver the roses. Rihanna initiates a suit against Britney, asking the court to order Britney to refund Rihanna's payment.
Answers (1)
New Questions in Business
The person who receives financial protection from a life insurance plan is called a what?
Answers (1)
In 1990, Roche, a Swiss pharmaceutical company, initially invested $2.1 billion to purchase a controlling interest in the biotech startup Genentech.
Answers (1)
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? Group of answer choices a. 18.94% b. 18.04% c. 16.36% d. 17.18% e. 15.54%
Answers (1)
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. Refer to Exhibit 6-4.
Answers (1)
E. If the market price of wheat instead falls to $20.00 per bushel, how much wheat will Ali choose to produce per month in order to maximize his profits in the short run?
Answers (1)