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Adison Winery had beginning long-term debt of $41,436 and ending long-term debt of $46,883. The beginning and ending total debt balances were $51,283 and $56,480, respectively. The company paid interest of $4,471 during the year. What was the company's cash flow to creditors

Respuesta :

Ritmeks

Answer:

-$976

Explanation:

Adison winery has beginning long term debt of $41,436 and ending long term debt of $46,883

The beginning and ending total balance were $51,283 and $56,480

The company paid an interest is $4,471

Therefore the company cash flow to creditors can be calculated as follows

= $4,471-($46,883-$41,436)

= $4,471 - $5,447

= -$976

Hence the operating cash flow to the creditors is -$976