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Use the following information for Ingersoll, Inc., (assume the tax rate is 34 percent): 2014 2015 Sales $ 9,235 $ 9,809 Depreciation 1,265 1,266 Cost
Use the following information for Ingersoll, Inc., (assume the tax rate is 34 percent): |
2014 | 2015 | |||||
Sales | $ | 9,235 | $ | 9,809 | ||
Depreciation | 1,265 | 1,266 | ||||
Cost of goods sold | 2,836 | 3,200 | ||||
Other expenses | 779 | 674 | ||||
Interest | 665 | 743 | ||||
Cash | 4,249 | 5,343 | ||||
Accounts receivable | 5,579 | 6,267 | ||||
Short-term notes payable | 934 | 886 | ||||
Long-term debt | 15,000 | 17,450 | ||||
Net fixed assets | 35,855 | 36,957 | ||||
Accounts payable | 4,596 | 4,325 | ||||
Inventory | 9,810 | 10,078 | ||||
Dividends | 1,096 | 1,191 | ||||
For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.) |
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