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Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent): 2014 2015 Sales $ 7,935 $ 8,509 Depreciation 1,135 1,136 Cost
Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent):
2014 | 2015 | |||||
Sales | $ | 7,935 | $ | 8,509 | ||
Depreciation | 1,135 | 1,136 | ||||
Cost of goods sold | 2,706 | 3,070 | ||||
Other expenses | 649 | 544 | ||||
Interest | 535 | 613 | ||||
Cash | 4,119 | 5,213 | ||||
Accounts receivable | 5,449 | 6,137 | ||||
Short-term notes payable | 804 | 756 | ||||
Long-term debt | 13,570 | 16,150 | ||||
Net fixed assets | 34,555 | 35,397 | ||||
Accounts payable | 4,336 | 4,195 | ||||
Inventory | 9,680 | 9,948 | ||||
Dividends | 966 | 1,061 | ||||
Cash flow from assets: Cash flow to creditors: Cash flow to stockholders: |
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