1. At the beginning of the year, long-term debt of a firm is $1,430,000 and total debt is $3,080,000. At the end of the year, long-term debt is $1,328,000 and total debt is $3,512,400. The interest paid is $86,000. What is the amount of the cash flow to creditors?
-$102,000 $188,000 $86,000 $16,000 $224,000
2. A stock split has? ________.
A. a measurable effect on a? firm's capital structure
B. little effect on a? firm's capital structure
C. no effect on a? firm's capital structure
D. a detrimental effect on a? firm's capital structure