Question
ten min or less for points The 2010 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $6.1 million, and the 2011 balance
ten min or less for points The 2010 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $6.1 million, and the 2011 balance sheet showed long-term debt of $6.5 million. The 2011 income statement showed an interest expense of $165,000. What was the firms cash flow to creditors during 2011?
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
