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Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $ 16,549 $ 18,498 Depreciation 2,376 2,484
Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): |
2017 | 2018 | |||||
Sales | $ | 16,549 | $ | 18,498 | ||
Depreciation | 2,376 | 2,484 | ||||
Cost of goods sold | 5,690 | 6,731 | ||||
Other expenses | 1,353 | 1,178 | ||||
Interest | 1,110 | 1,325 | ||||
Cash | 8,676 | 9,247 | ||||
Accounts receivable | 11,488 | 13,482 | ||||
Short-term notes payable | 1,674 | 1,641 | ||||
Long-term debt | 29,060 | 35,229 | ||||
Net fixed assets | 72,770 | 77,610 | ||||
Accounts payable | 6,269 | 6,640 | ||||
Inventory | 20,424 | 21,862 | ||||
Dividends | 1,979 | 2,314 | ||||
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 the nearest whole number, e.g., 32.) |
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