The 2016 balance sheet of Maria's Tennis Shop Inc showed long term debt of $3.5 million...
The 2016 balance sheet of Maria's Tennis Shop Inc showed long term debt of $3.5 million and the 2017 balance sheet showed long-term debt of $3.7 million. the 2017 income statement showed an interest expense of $115,000.
what was the firm's cash flow to creditors during 2017?
Homework Answers
Cash Flow to Creditors = Interest - Net new LTD
= $115,000 - ($3,700,000 - $3,500,000)
= $115,000 - $200,000 = -$85,000
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The 2016 balance sheet of Maria's Tennis Shop Inc showed long term debt of $3.5 million...
The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.5 million, and...
The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.5 million, and the 2015 balance sheet showed long-term debt of $5.5 million. The 2015 income statement showed an interest expense of $49787. During 2015, Maria's Tennis Shop, Inc. realized the following: Cash flow to creditors $16878 Cash flow to stockholders $71136 Suppose you also know that the firm's net capital spending for 2015 was $2.2 million, and that the firm reduced its net working capital investment...
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Question 1 1.5 pts The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt...
Question 1 1.5 pts The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.5 million, and the 2014 balance sheet showed long-term debt of $3.7 million. The 2014 income statement showed an interest expense of $727,000 What was the firm's cash flow to creditors during 2014? (Round final answer to the nearest whole dollar. Do not round intermediate calculations). Topic: Cash Flow Identity
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The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $4.5 million, and...
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please so all work 8, Cash Flow to Creditors The 2016 balance sheet of Maria's Tennis...
please so all work
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The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.5 million, and the 2015 balance sheet showed long-term debt of $5.5 million. The 2015 income statement showed an interest expense of $49787. During 2015, Maria's Tennis Shop, Inc. realized the following: Cash flow to creditors $16878 Cash flow to stockholders $71136 Suppose you also know that the firm's net capital spending for 2015 was $2.2 million, and that the firm reduced its net working capital investment...
Question 1 1.5 pts The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.5 million, and the 2014 balance sheet showed long-term debt of $3.7 million. The 2014 income statement showed an interest expense of $727,000 What was the firm's cash flow to creditors during 2014? (Round final answer to the nearest whole dollar. Do not round intermediate calculations). Topic: Cash Flow Identity
please so all work
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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $3.3 million, and the 2018 balance sheet showed long-term debt of $3.6 million. The 2018 income statement showed an interest expense of $110,000. What was the firm's cash flow to creditors during 2018? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow to creditors
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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6 million, and the 2018 balance sheet showed long-term debt of $6.4 million. The 2018 income statement showed an interest expense of $160,000. What was the firm's cash flow to creditors during 2018? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., ,234,567.) Cash flow to creditors
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