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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $2.55 million, and the 2018 balance sheet showed long-term debt of $3.4 million. The 2018 income statement showed an

The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $2.55 million, and the 2018 balance sheet showed long-term debt of $3.4 million. The 2018 income statement showed an interest expense of $350,000. What was the firm's cash flow to creditors during 2018?

Apr 16 2021 View more View Less

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