Use the following information for Taco Swell, Inc., (assume the tax rate is 22 percent):
2017...
Business, 12.03.2020 17:32 willveloz4
Use the following information for Taco Swell, Inc., (assume the tax rate is 22 percent):
2017 2018
Sales $ 23,549 $ 19,188
Depreciation 2,516 2,624
Cost of goods sold 6,390 6,871
Other expenses 1,441 1,248
Interest 1,180 1,395
Cash 8,746 9,667
Accounts receivable 11,628 13,902
Short-term notes payable 1,814 1,781
Long-term debt 29,480 35,579
Net fixed assets 73,091 78,030
Accounts payable 6,353 7,060
Inventory 20,662 22,002
Required:
(a) 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.)
Dividends 2,679 2,454
Answers: 1
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