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Use the following information for Taco Swell, Incorporated, (assume the tax rate is 21 percent): 2020 2021 Sales $ 17,049 $18,798 Depreciation 2,386 2,494
Use the following information for Taco Swell, Incorporated, (assume the tax rate is 21 percent): 2020 2021 Sales $ 17,049 $18,798 Depreciation 2,386 2,494 Cost of goods sold 5,740 6,741 Other expenses 1,350 1,183 Interest 1115 1,330 Cash 8,681 9,277 Accounts receivable 11,498 13,512 Short-term notes payable 1,684 1,651 Long-term debt 29,090 35,254 Net fixed assets 72,792 77,640 Accounts payable Inventory Dividends 6,275 6,670 20,441 21,872 2,029 2,324 Cash flow from assets Cash flow to creditors Cash flow to stockholders
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