Question
Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent): 2014 2015 Sales $ 15,573 $ 15,336 Depreciation 1,741 1,816
Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent): 2014 2015
Sales $ 15,573 $ 15,336
Depreciation 1,741 1,816
Cost of goods sold 4,379 4,787
Other expenses 986 864
Interest 835 966
Cash 6,187 6,706
Accounts receivable 8,120 9,667
Short-term notes payable 1,250 1,227
Long-term debt 20,560 24,836
Net fixed assets 51,064 57,030
Accounts payable 4,512 4,884
Inventory 14,419 15,368
Dividends 1,350 1,698
For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Negative amounts 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 =
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started