The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, and the December 31, 2016, balance sheet showed long-term debt of $1,590,000. The 2016 income statement showed an interest expense of $94,500. What was the firm's cash flow to creditors during 2016?

($90,500)

Explanation:

The Cashflow to Creditors helps a company identify just how much cash was paid to creditors in a period.

The formula is,

Cash flow to creditors = Interest paid – (long term debt at the end – long term date at the beginning)

The ending balance in 2015 which will be the opening balance in 2016 is $1,405,000.

The Ending balance in 2016 is $1,590,000.

The Cash Flow to Creditors is therefore,

Cash flow to creditors during 2016 = 94,500 - ( 1,590,000 - 1,405,000)

= - $90,500

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.