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Use the following information for Taco Swell, Inc., (assume the tax rate is 24 percent):   ...

Use the following information for Taco Swell, Inc., (assume the tax rate is 24 percent):

  

2017 2018
  Sales $ 24,549 $ 19,248
  Depreciation 2,536 2,644
  Cost of goods sold 6,490 6,891
  Other expenses 1,455 1,258
  Interest 1,190 1,405
  Cash 8,756 9,727
  Accounts receivable 11,648 13,962
  Short-term notes payable 1,834 1,801
  Long-term debt 29,540 35,629
  Net fixed assets 73,137 78,090
  Accounts payable 6,365 7,120
  Inventory 20,696 22,022
  Dividends 2,779 2,474


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.)


Cash flow from assets

Cash flow to creditors

Cash flow to stockholders

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Expert Solution

jeff jeffy answered 1 year ago
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