Assignment
Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent):
|
|
2014
|
2015
|
|
Sales
|
15,073
|
15,036
|
|
Depreciation
|
1,731
|
1,806
|
|
Cost of goods sold
|
4,329
|
4,777
|
|
Other expenses
|
981
|
859
|
|
Interest
|
830
|
961
|
|
Cash
|
6,172
|
6,676
|
|
Accounts receivable
|
8,110
|
9,637
|
|
Short-term notes payable
|
1,240
|
1,217
|
|
Long-term debt
|
20,530
|
24,811
|
|
Net fixed assets
|
51,042
|
57,000
|
|
Accounts payable
|
4,496
|
4,854
|
|
Inventory
|
14,402
|
15,358
|
|
Dividends
|
1,300
|
1,688
|
For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.