In: Finance
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