In: Finance
Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): |
2017 | 2018 | |||||
Sales | $ | 21,049 | $ | 19,038 | ||
Depreciation | 2,466 | 2,574 | ||||
Cost of goods sold | 6,140 | 6,821 | ||||
Other expenses | 1,406 | 1,223 | ||||
Interest | 1,155 | 1,370 | ||||
Cash | 8,721 | 9,517 | ||||
Accounts receivable | 11,578 | 13,752 | ||||
Short-term notes payable | 1,764 | 1,731 | ||||
Long-term debt | 29,330 | 35,454 | ||||
Net fixed assets | 72,976 | 77,880 | ||||
Accounts payable | 6,323 | 6,910 | ||||
Inventory | 20,577 | 21,952 | ||||
Dividends | 2,429 | 2,404 | ||||
For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |