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Use the following information for Ingersoll, Inc. Assume the tax rate is 23 percent. 879 2018 2019 Sales $ 17,073 $ 16,236 Depreciation 1,771 1,846
Use the following information for Ingersoll, Inc. Assume the tax rate is 23 percent. 879 2018 2019 Sales $ 17,073 $ 16,236 Depreciation 1,771 1,846 Cost of goods sold 4,529 4,817 Other expenses 1,001 Interest 850 981 Cash 6,232 6,796 Accounts receivable 8,150 9,757 Short-term notes 1,280 1,257 payable Long-term debt 20,650 24,911 Net fixed assets 51,130 54,603 Accounts payable 4,560 4,974 Inventory 14,470 15,398 Dividends 1,5001,728 Prepare a balance sheet for this company for 2018 and 2019. (Do not round intermediate calculations.) INGERSOLL, INC. Balance Sheet as of Dec. 31 2018 2019 Prepare a balance sheet for this company for 2018 and 2019. (Do Intermediate calculations.) INGERSOLL, INC. Balance Sheet as of Dec. 31 2018 2019 Assets Current assets $ 86,554 Total assets Liabilities & Equity Current liabilities $ 6,231 Total liabilities & owners' equity Prepare an income statement for this company for 2018 and 2019. (Enter all answers as positive values. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) TACO SWELL, INC. Income Statement 2018 2019 | Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE |
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