What was the firm cash flow to creditors during 2009

Reference no: EM13256355

The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $3 million, and the 2009 balance sheet showed long-term debt of $4 million. The 2009 income statement showed an interest expense of $330,000. What was the firm's cash flow to creditors during 2009?

$1,000,000
$-670,000
$1,000,330
$-329,000
$-331,000

Reference no: EM13256355

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