Question
The 2014 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $5 million, and the 2015 balance sheet showed long-term debt of $7
The 2014 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $5 million, and the 2015 balance sheet showed long-term debt of $7 million. The 2015 income statement showed an interest expense of $73408. What was the firms cash flow to creditors during 2015?
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Hotel Finance
Authors: Anand Iyengar
1st Edition
0195694465, 978-0195694468
