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The 2009 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.4 million, and the 2010 balance sheet showed long-term debt of $3...

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The 2009 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.4 million, and the 2010 balance sheet showed long-term debt of $3 million. The 2010 income statement showed an interest expense of $650,000.The firm's cash flow to creditors during 2010 is $
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The 2009...

This question was asked on Oct 31, 2011 and answered on Nov 01, 2011.

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