Cash flow to creditors, The 2009 balance sheet of Maria's Tennis Shop, Inc., showed, Finance Basics

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Cash flow to creditors

The 2009 balance sheet of Maria's Tennis Shop, Inc., showed longterm debt of $2.4 million, and the 2010 balance sheet showed long-term debt of $2.5 million. The 2010 income statement showed an interest expense of $195,000. What was the firm's cash flow to creditors during 2010?

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Finance Basics: Cash flow to creditors

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Finance Basics: Cash flow to creditors

Reference No:- TGS044938

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Cash flow to creditors

Reference No:- TGS044938

Recent Questions Asked Finance Basics

Q : Prepare an income statement using full costing

Q : Financial benefits of being college educated

Q : Leekee needs to know what price to charge for this product

Q : Calculating total cash flows

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