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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $2.6 million, and the 2018 balance sheet showed long-term debt of $3.3
The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $2.6 million, and the 2018 balance sheet showed long-term debt of $3.3 million. The 2018 income statement showed an interest expense of $200,000. What was the firm's cash flow to creditors during 2018 ? Multiple Choice $-200,700 $-199,300 $700,000 $700,200 $500,000
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