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  • 11-03-2024
  • Business
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The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $5.8 million, and the 2018 balance sheet showed long-term debt of $6.2 million. The 2018 income statement showed an interest expense of $150,000.

What was the firm’s cash flow to creditors during 2018?

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