Question
The 2014 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $4.2 million, and the 2015 balance sheet showed long-term debt of $7.1
The 2014 balance sheet of Marias Tennis Shop, Inc., showed long-term debt of $4.2 million, and the 2015 balance sheet showed long-term debt of $7.1 million. The 2015 income statement showed an interest expense of $79044. What was the firms cash flow to creditors during 2015?
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
