The beginning and ending balances of long-term debt for


1. The beginning and ending balances of long-term debt for Bluegrass Co. are $350 and $370. The beginning and ending total debt balances are $360 and $390, respectively. The interest paid is $40. How much is the cash flow to creditors?

2. You have invested in Even Temper Dog Collars Inc. Your initial investment is $99.99. After a year your investment is valued at $115.56. The firm paid a $2.96 dividend at the end of the year. What is the capital gain? yield, the dividend? yield, and the holding period? return?

The capital gain yield is _______?%. ?(Round to two decimal? places.)

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Financial Management: The beginning and ending balances of long-term debt for
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