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Use the following information for Ingersoll, Inc. Assume the tax rate is 21 percent. 2018 2019 Sales$21,049$19,038Depreciation2,4662,574Cost of goods sold6,1406,821SG&A1,4061,223Interest1,1551,370Cash8,7219,517Accounts receivable11,57813,752Short-term notes payable1,7641,731Long-term debt29,33035,454Net fixed
Use the following information for Ingersoll, Inc. Assume the tax rate is 21 percent. 2018 2019Sales$21,049$19,038Depreciation2,4662,574Cost of goods sold6,1406,821SG&A1,4061,223Interest1,1551,370Cash8,7219,517Accounts receivable11,57813,752Short-term notes payable1,7641,731Long-term debt29,33035,454Net fixed assets72,97677,880Accounts payable6,3236,910Inventory20,57721,952Dividends2,4292,404
CASH FLOW FROM ASSETS=?
CASH FLOW TO CREDITORS=?
CASH FLOW TO STOCKHOLDERS=?
For 2019, 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.)Step by Step Solution
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