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Use the following information for Clarington Inc., (assume the tax rate is 34 percent): 2014 2015 Sales $ 11,573 $ 12,936 Depreciation 1,661 1,736 Cost
Use the following information for Clarington Inc., (assume the tax rate is 34 percent): |
2014 | 2015 | |||||
Sales | $ | 11,573 | $ | 12,936 | ||
Depreciation | 1,661 | 1,736 | ||||
Cost of goods sold | 3,979 | 4,707 | ||||
Other expenses | 946 | 824 | ||||
Interest | 776 | 926 | ||||
Cash | 6,067 | 6,466 | ||||
Accounts receivable | 8,034 | 9,427 | ||||
Short-term notes payable | 1,171 | 1,147 | ||||
Long-term debt | 20,320 | 24,696 | ||||
Net fixed assets | 50,888 | 54,273 | ||||
Accounts payable | 4,384 | 4,644 | ||||
Inventory | 14,283 | 15,288 | ||||
Dividends | 1,411 | 1,618 | ||||
For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to shareholders. (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.) |
Cash flow from assets | $ |
Cash flow to creditors | $ |
Cash flow to shareholders | $ |
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