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What was firm-s cash flow to creditors during given year

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?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What was firm-s cash flow to creditors during given year

Reference No:- TGS0670656

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What was firm-s cash flow to creditors during given year

Reference No:- TGS0670656

Recent Questions Asked Finance Basics

Q : Evaluate the derivative

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Q : Compute straight-line depreciation on the building

Q : What was firm-s cash flow to creditors during given year

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