The 2010 income statement showed an interest expense of


The 2009 balance sheet of Anna's Tennis Shop showed long term debt of $1.34 million and the 2010 balance sheet showed long term debt of $1.39 million. The 2010 income statement showed an interest expense of $118,000. What was the firm's cash flow to creditors during 2010?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The 2010 income statement showed an interest expense of
Reference No:- TGS0624055

Expected delivery within 24 Hours