Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

True or false: interest paid minus net new borrowing equals cash flow to creditors.

Sagot :

tutorconsortium344

This problem is a True statement. interest paid minus net new borrowing equals cash flow to creditors.

What is Cash flow?

The inflow and outflow of cash inside a business is known as cash flow. Inflows are represented by money received, and outflows are represented by money spent. A particular kind of financial statement called a cash flow statement details the sources and expenditures of a company's net profit over time. Costs incurred as part of routine activities are included in operations cash flow.

Therefore,

interest paid minus net new borrowing equals cash flow to creditors.

This problem is a True statement.

To learn more about cash flow from the given link:

https://brainly.com/question/10922478

#SPJ4

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.