Calculate the cash flow to creditors

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During the most current year, XYZ Corp paid $56,580 in interest and $75,370 in dividends. In order to fund a large expansion, the company raised $325,00 in new stock and borrowed $199,000 via the bond market, though a portion of the new borrowing was used to pay back $166,000 in bonds that were maturing this year. Calculate the Cash Flow to Creditors.

Reference no: EM132618258

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