Problem 2-26 Calculating Cash Flow [LO4] Use the following information for Taco...
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Accounting
Problem 2-26 Calculating Cash Flow [LO4]
Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent): |
2010 | 2011 | |||||
Sales | $ | 12,573 | $ | 13,536 | ||
Depreciation | 1,681 | 1,756 | ||||
Cost of goods sold | 4,079 | 4,727 | ||||
Other expenses | 956 | 834 | ||||
Interest | 805 | 936 | ||||
Cash | 6,097 | 6,526 | ||||
Accounts receivable | 8,060 | 9,487 | ||||
Short-term notes payable | 1,190 | 1,167 | ||||
Long-term debt | 20,380 | 24,686 | ||||
Net fixed assets | 50,932 | 55,630 | ||||
Accounts payable | 4,416 | 4,704 | ||||
Inventory | 14,317 | 15,308 | ||||
Dividends | 1,050 | 1,638 | ||||
For 2011, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.(Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) |
Cash flow from assets | $ |
Cash flow to creditors | $ |
Cash flow to stockholders | $ |
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