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The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $3 million, and the 2018 balance sheet showed long-term debt of $4.2
The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $3 million, and the 2018 balance sheet showed long-term debt of $4.2 million. The 2018 income statement showed an interest expense of $230,000. What was the firm's caslh flow to creditors during 2018? Multiple Choice $-228,800 $1,200,000 $-231,200 $-970,000 $1,200,230
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