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The 2014 balance sheet of Sugarpovas Tennis Shop, Inc., showed long-term debt of $5.9 million, and the 2015 balance sheet showed long-term debt of $6.3
The 2014 balance sheet of Sugarpovas Tennis Shop, Inc., showed long-term debt of $5.9 million, and the 2015 balance sheet showed long-term debt of $6.3 million. The 2015 income statement showed an interest expense of $155,000.
What was the firms cash flow to creditors during 2015? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) |
Cash flow to creditors | $ |
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