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The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.85 million, and the 2009 balance sheet showed long-term debt of $3.75
The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.85 million, and the 2009 balance sheet showed long-term debt of $3.75 million. The 2009 income statement showed an interest expense of $350,000.
What was the firm's cash flow to creditors during 2009? Multiple Choice $-350,900 $900,350 $-550,000 $900,000 $-349,100
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