The 2010 balance sheet of mariarsquos tennis shop inc, Ask an Expert

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The 2010 balance sheet of Maria’s Tennis Shop, Inc., showed long-term debt of $5.5 million, and the 2011 balance sheet showed long-term debt of $5.9 million. The 2011 income statement showed an interest expense of $135,000. What was the firm’s cash flow to creditors during 2011?

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Financial Management, Finance

Category:- Financial Management
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