Question
Use the information given below for Sears, Inc., (Assume the tax rate is 30 Percent) 2016 2017 Sales $17,573 $16,536 Depreciation $1,781 $1,856 Cost of
Use the information given below for Sears, Inc., (Assume the tax rate is 30 Percent)
| 2016 | 2017 |
Sales | $17,573 | $16,536 |
Depreciation | $1,781 | $1,856 |
Cost of goods sold | $4,579 | $4,827 |
Other Expenses | $1,006 | $884 |
Interest | $855 | $986 |
Cash | $6,247 | $6,826 |
Accounts Receivable | $8,160 | $9,787 |
Long-term debt | $20,680 | $24,936 |
Net fixed asset | $51,152 | $57,150 |
Accounts Payable | $5,866 | $6,271 |
Inventory | $14,487 | $15,408 |
Dividends | $1,550 | $1,738 |
Remmber: (Assume the tax rate is 30 Percent)
For 2017, calculate the following:
1- Cash Flow from Assets:
2- Cash Flow from Creditors:
3- Cash flow from Stockholders
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