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Use the following information for Taco Swell, Incorporated, (assume the tax rate is 22 percent): Sales Depreciation Cost of goods sold Other expenses Interest Cash
Use the following information for Taco Swell, Incorporated, (assume the tax rate is 22 percent): Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2020 $ 21,549 2,476 6,190 1,413 1,160 Cash flow from assets Cash flow to creditors Cash flow to stockholders 8,726 11,588 1,774 29,360 72,999 6,329 20,594 2,479 2021 $ 19,068 2,584 6,831 1,228 1,375 9,547 13,782 1,741 35,479 77,910 6,940 21,962 2,414 For 2021, 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 2 decimal places, e.g., 32.16.)
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