At the Beginning of the Year,the Long-Term Debt of a Firm

question 43

Multiple Choice

At the beginning of the year,the long-term debt of a firm was $72,918 and total debt was $138,407.At the end of the year,long-term debt was $68,219 and total debt was $145,838.The interest paid was $6,430.What is the amount of the cash flow to creditors?

• A)-$18,348
• B)-$1,001
• C)$11,129
• D)$13,861
• E)$19,172

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Definitions:

Political Parties

Organized groups of people with similar political aims and opinions that seek to influence public policy by getting their candidates elected to public office.

Local Organization

A community-based group or entity that operates within a specific geographical area to meet local needs.

Party Machinery

The organizational structure of a political party, including its strategy, tactics, and logistics, aiming to secure election victories.

Ward Captains

Local political party leaders who are responsible for organizing party voters within a specific electoral district or ward, often playing key roles in campaign activities and mobilizing voters.