Question
You have compiled the following information on Winslow, Inc.: 2016 2017 Assets Cash $ 298 $ 306 Accounts receivable 3,006 3,422 Inventory 5,210 5,650 Net
You have compiled the following information on Winslow, Inc.:
| 2016 |
| 2017 |
|
| |||||
Assets |
|
|
|
|
|
| ||||
Cash | $ | 298 |
| $ | 306 |
| ||||
Accounts receivable |
| 3,006 |
|
| 3,422 |
| ||||
Inventory |
| 5,210 |
|
| 5,650 |
| ||||
Net fixed assets |
| 32,780 |
|
| 36,400 |
| ||||
Total assets | $ | 41,294 |
| $ | 45,778 |
| ||||
Liabilities and Equity |
|
|
|
|
|
| ||||
Accounts payable | $ | 6,219 |
| $ | 6,184 |
| ||||
Other current liabilities |
| 1,880 |
|
| 1,625 |
| ||||
Long-term debt |
| 17,951 |
|
| 21,991 |
| ||||
Stockholders' equity |
| 15,244 |
|
| 15,978 |
| ||||
Total liabilities and equity | $ | 41,294 |
| $ | 45,778 |
| ||||
|
|
|
|
|
|
| ||||
Sales |
|
|
| $ | 11,418 |
| ||||
Cost of goods sold |
|
|
|
| 6,320 |
| ||||
General and administrative |
|
|
|
| 2,419 |
| ||||
Depreciation |
|
|
|
| 967 |
| ||||
EBIT |
|
|
| $ | 1,712 |
| ||||
Interest |
|
|
|
| 230 |
| ||||
EBT |
|
|
| $ | 1,482 |
| ||||
Taxes |
|
|
|
| 519 |
| ||||
Net income |
|
|
| $ | 963 |
| ||||
What is the cash flow to creditors for 2017?
Question 3 options:
$3,650 | |
$3,810 | |
$4,040 | |
$4,270 | |
$3,350 |
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