Question

Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent):   ...

Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent):

  

2014 2015
  Sales $ 18,573 $ 17,136
  Depreciation 1,801 1,876
  Cost of goods sold 4,679 4,847
  Other expenses 1,016 894
  Interest 865 996
  Cash 6,277 6,886
  Accounts receivable 8,180 9,847
  Short-term notes payable 1,310 1,287
  Long-term debt 20,740 24,986
  Net fixed assets 51,196 57,210
  Accounts payable 4,608 5,064
  Inventory 14,521 15,428
  Dividends 1,650 1,758


For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

  

  Cash flow from assets $   
  Cash flow to creditors $   
  Cash flow to stockholders $   
Business   Finance   
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Answer #1

Equity at 2014 $ 53,516.00 6277+8180-1310-20740+51196-4608+14521
Equity at 2015 $ 58,034.00 6886+9847-1287-24986+57210-5064+15428
Net new equity $    4,518.00
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