The 2015 income statement showed an interest expense of, Financial Management

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The 2015 income statement showed an interest expense of

The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed long-term debt of $2.9 million, and the 2015 balance sheet showed long-term debt of $3.2 million. The 2015 income statement showed an interest expense of $100,000. What was the firm’s cash flow to creditors during 2015?

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Financial Management: The 2015 income statement showed an interest expense of

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