Question
Use the following information for Taco Swell, Inc., for Problems 25 and 26 (assume the tax rate is 34 percent): 2014 2015 Sales $12,730 $
Use the following information for Taco Swell, Inc., for Problems 25 and 26 (assume the tax rate is 34 percent): 2014 2015 Sales $12,730 $ 14,229 Depreciation 1,827 1,910 Cost of goods sold 4,377 5,178 Other expenses 1,041 906 Interest 854 1,019 Cash 6,674 7,113 Accounts receivable 8,837 10,371 Short-term notes payable 1,288 1,262 Long-term debt 22,352 27,099 Net fixed assets 55,977 59,700 Accounts payable 4,822 5,108 Inventory 15,711 16,817 Dividends 1,522 1,780 For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.
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