Question

2017 2018
Sales $20,549 $19,008
Depreciation 2,456 2,564
Cost of goods sold 6,090 6,811
Other expenses 1,399 1,218
Interest 1,150 1,365
Cash 8,716 9,487
Accounts receivable 11,568 13,722
Short-term notes payable 1,754 1,721
Long-term debt 29,300 35,429
Net fixed assets 72,953 77,850
Accounts payable 6,317 6,880
Inventory 20,560 21,942
Dividends 2,379 2,394

For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Answer 1

Answer:

The cash flow from assets is 4,789

The cash flow to creditors is - 530

The cash flow to stockholders is 15

Explanation:

Please kindly note that I will calculate the increase and decrease as followings:

Increase = ending – beginning

Decrease = beginning - ending

The cash flow from assets = increase in net fixed assets – increase in depreciation =  (77,850 - 72,953) – (2,564 - 2,456 )  = 4,789

The cash flow to creditors = decrease in payables + decrease in short-term notes payable = (6,317 - 6,880) + (1,754 - 1,721)  = - 530

The cash flow to stockholders = increase in dividends =  2,394 - 2,379 =  15