Problem 2-13 Calculating Total Cash Flows [LO4] The 2010 balance sheet of Maria\
ID: 2637184 • Letter: P
Question
Problem 2-13 Calculating Total Cash Flows [LO4]
The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $5.0 million, and the 2011 balance sheet showed long-term debt of $5.20 million. The 2011 income statement showed an interest expense of $165,000. During 2011, Maria
The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $5.0 million, and the 2011 balance sheet showed long-term debt of $5.20 million. The 2011 income statement showed an interest expense of $165,000. During 2011, Maria
Explanation / Answer
Cash flow to Creditors = Interest paid
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