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Business, 13.06.2020 18:57 alexabdercmur

The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, and the December 31, 2016, balance sheet showed long-term debt of $1,590,000. The 2016 income statement showed an interest expense of $94,500. What was the firm's cash flow to creditors during 2016?

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The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, and the D...

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