Business, 13.03.2020 23:46 amshearer4719

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $2.4 million, and the 2018 balance sheet showed long-term debt of $3.95 million. The 2018 income statement showed an interest expense of $360,000. What was the firm's cash flow to creditors during 2018?

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The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $2.4 million, and the...