What was the firm cash flow to creditors

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1. The 2016 balance sheet of Maria's tennis shop, Inc., showed long term debt of $2.7 million, and the 2017 balance sheet showed long term debt of $2.9 million. The 2017 income statement showed an interest expense of $95,000.

What was the firm's cash flow to creditors during 2017? ( Do not round intermediate calculations. 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 $

2. The 2016 balance sheet of Maria's Tennis Shop, Inc., showed $450,000 in the common stock account and $2.1 million in the additional paid in surplus account. The 2017 balance sheet showed $490,000 and $2.4 million in the same two accounts, respectively.

If the company paid out $400,000 in cash dividends during 2017, what was the cash flow to the stockholders for the year ? ( Do not round intermediate calculations. 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 stockholders $

Reference no: EM133059706

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