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Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 2015 2016 2015 2016 Cash 800 1,100 Accounts payable
Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016.
2015 | 2016 | 2015 | 2016 | |||
Cash | 800 | 1,100 | Accounts payable | 2,400 | 3,300 | |
Accounts receivable | 2,400 | 3,300 | Current liabilities | 2,400 | 3,300 | |
Inventory | 2,400 | 3,300 | Long-term debt | 4,800 | 6,600 | |
Current assets | 5,600 | 7,700 | Total liabilities | 7,200 | 9,900 | |
Net fixed assets | 10,400 | 14,300 | Equity | 8,800 | 12,100 | |
Total assets | 16,000 | 22,000 | Total liab. & equity | 16,000 | 22,000 |
The income statement for 2016 is also given:
Amount | |
Sales | 52,800 |
Cost | 29,040 |
Depreciation | 7,920 |
EBIT | 15,840 |
Interest | 5,280 |
Taxes | 2,640 |
Net income | 7,920 |
Dividends | 7,128 |
What was the cash flow to stockholders in 2016?
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