Question
The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $5.6 million, and the 2018 balance sheet showed long-term debt of $6
| The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $5.6 million, and the 2018 balance sheet showed long-term debt of $6 million. The 2018 income statement showed an interest expense of $140,000. |
| What was the firms cash flow to creditors during 2018? |
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
