22. A firm issued new debt of $100,000 and paid off (retired) $40,000 of existing debt. How did these two transactions combined affect cash flow to creditors? ,a. increased cash flow to stockholders by $140,000,b. decreased cash flow to stockholders by $140,000,c. increased cash flow to stockholders by $60,000,d. decreased cash flow to stockholders by $60,000,,,23. The cash flow related to interest payments less any net new borrowing is called the: ,a. Operating cash flow. ,b. Capital spending cash flow. ,c. Net working capital. ,d. Cash flow from assets.,e. Cash flow to creditors.,,,24. The 2008 balance sheet of Maria’s Tennis Shop, Inc., showed long-term debt of $2.7 million, and the 2009 balance sheet showed long-term debt of $3.6 million. The 2009 income statement showed an interest expense of $230,000. What was the firm’s cash flow to creditors during 2009?,a. $-670,000,b. $-230,900,c. $-229,100,d. $900,230,e. $900,000,
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