Required:

Using the above information find the following:

1. Cash Flow from Assets in 2019
2. Cash Flow to Creditors in 2019
3. Cash Flow to Shareholders in 2019
4. Comment on the 2019 cash flows with suggestions

QUESTION ONE - Estimating Cash flows (15 marks) The Plaza Cafe has forecasted the following earnings, depreciation, interest and taxes for its financial year that will be ending on 31st December, 2019. Also a partial listing of its 2018 actuals and 2019 forecast balance sheet accounts is provided below. 8960 33.50% Depreciation Tax ( based on earnings before tax) EBITDA Interest (based on opening debt balance) Dividend (100% of net income) 100050 10% 42819.35 Current Assets Net Fixed Assets Current Liabilities Long-term debt 2018 141680 687810 87340 267000 2019 138509 703411 91516 248000 Required: Using the above information find the following: (a) Cash Flow from Assets in 2019