Calculate cash flow from assets and cash flow to creditors

Assignment Help Financial Accounting
Reference no: EM131227021

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

 

2010

2011


Sales

$ 18,573

$ 17,136


Depreciation

1,801

1,876


4,679

4,847


Cost of goods sold


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

57210


Accounts payable

4,608

5,064


Inventory

14,521

15,428


Dividends

1 650

1,758


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    $ -1801.90

Cash flow to creators     $    -3250

Cash flow to stockholders

Reference no: EM131227021

Questions Cloud

Sketch the density curves : Answer the questions by-hand first, and then using Excel. Sketch the density curves that support your answers
Which is not an example of protected opposition : Which of the following is not an example of protected opposition? Which of the following is exempt from the Americans with Disabilities Act? Discrimination adds the social problem of __________.
What about the addition of pipelining : Does the addition of cache and virtual memory to a von Neuman system change its designation as an SISD system? What about the addition of pipelining? Multiple issue? Hardware multithreading?
Pearson correlation coefficient : Is there a relationship between (X) rate of poverty (measured as percent of population below poverty level) and (Y) rates of teen pregnancy (measured per 1,000 females aged 15 to 17)? A researcher selected random states and collected the following..
Calculate cash flow from assets and cash flow to creditors : Use the following information for Taco Swell, Inc, ;- For 2011, calculate the cash flow from assets, cash flow to creditors. and cash flow to stockholders.
Adverse environmental conditions : The probability of an engine's failing during a 30-day acceptance test is 0.3 under adverse environmental conditions. Eight engines are included in such a test. What is the probability of (i) none will fail and (ii) more than half will fail.
What barrier to change are they exhibiting : Cyrus's Resort has proposed some major structural changes within their organization. Some of the employees fear that they will lose power with the changes. What barrier to change are they exhibiting?
Lifecycles for managing information technology projects : ITECH 2250 IT Project Management Techniques Assignment. This assessment task relates to the following course objectives: Identify traditional and agile approaches and lifecycles for managing information technology projects
Adverse environmental conditions : The probability of an engine's failing during a 30-day acceptance test is 0.3 under adverse environmental conditions. Eight engines are included in such a test. What is the probability of (i) none will fail and (ii) more than half will fail.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Explain how the conditions for revenue recognition

On November 30, the end of the current fiscal year, the following infor- mation is available to assist Caruso Company’s accountants in making adjusting entries: Caruso Company’s Supplies account shows a beginning balance of $2,350. Purchases during t..

  Firms accounting system must allocate the cost of goods

A merchandising firm's accounting system must allocate the Cost of Goods Available for Sale between Cost of Goods Sold and the ending balance in Merchandise Inventory.

  Make entries in the journals of the capital projects fund

Make the appropriate entries in the general journals of the Capital Projects Fund

  What is maximum amount kewco would be willing to pay

What is maximum amount KewCo would be willing to pay for this new product line today?

  History:developed into a theocracy

History:Developed into a theocracy in which the church was central to all decisions; became the first English colony to establish the basis for a representative government.

  The purpose of this report is help you develop a basic

the purpose of this report is help you develop a basic understanding of your company and the business environment in

  Calculate the loan proceeds made available to powell

Calculate the loan proceeds made available to Powell and use the horizontal model (or write the journal entry) to show the effect of signing the note and the receipt of the cash proceeds on April 15, 2013.

  Evaluate the confidence interval

Evaluate the 95% confidence interval for the population proportion p of all Americans who drink beer, wine, or hard liquor, at least occasionally and interpret your result.

  Prepare entries in general journal form to record the

prepare entries in general journal form to record the following transactions in general fund general ledger accounts

  Describe the auditors responsibility for fraud detection

Audit Procedures for fraud detection in the revenue process. Assume that you have been assigned to the audit of Itakian Home Stores., which sells Italian furniture and home furnishings in two retail shops and on a website for online sales. Describe t..

  Interest in expert consultancy to bank business

The right of Kamala to assign her interest in Expert Consultancy to Bank Business. Discuss the ways for dissolution of a partnership. What are the grounds that Raju could use to apply for dissolution of partnership by way of court's order?

  How drawings shown in the cash flow statement

Describe the term drawings and how it is shown in the cash flow statement the profit and loss account and the balance sheet.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd