The December 31,2013,balance Sheet of Suzette's Market Showed Long-Term Debt

question 101

Multiple Choice

The December 31,2013,balance sheet of Suzette's Market showed long-term debt of $638,100 and the December 31,2014,balance sheet showed long-term debt of $574,600.The 2010 income statement showed an interest expense of $42,300.What was the firm's cash flow to creditors during 2014?

• A)$21,200
• B)$26,700
• C)$54,900
• D)$102,400
• E)$105,800

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Definitions:

Stent

A tube or other device inserted into a blocked passageway to keep it open, frequently used in arteries to prevent or relieve a blockage.

Blockage

Blockage refers to the obstruction or closing off of a passage or vessel, impeding or stopping the flow within it.

Cardiovascular Disease

A general term for conditions affecting the heart and blood vessels, such as coronary artery disease, heart attacks, and stroke.

Hypertension

Form of cardiovascular disease characterized by blood pressure over 140/95 (over 45 years of age) or 130/90 (under 45 years of age).