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Determine the firm cash flow to creditors during 2009

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Problem: The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.35 million, and the 2009 balance sheet showed long-term debt of $4.2 million. The 2009 income statement showed an interest expense of $330,000. What was the firm's cash flow to creditors during 2009?

Reference no: EM132500883

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