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Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent): 2014 2015 Sales $ 9,635 $ 10,209 Depreciation 1,305 1,306 Cost
Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent): |
2014 | 2015 | |||
Sales | $ | 9,635 | $ | 10,209 |
Depreciation | 1,305 | 1,306 | ||
Cost of goods sold | 2,876 | 3,240 | ||
Other expenses | 819 | 714 | ||
Interest | 705 | 783 | ||
Cash | 4,289 | 5,383 | ||
Accounts receivable | 5,619 | 6,307 | ||
Short-term notes payable | 974 | 926 | ||
Long-term debt | 15,440 | 17,850 | ||
Net fixed assets | 36,255 | 37,437 | ||
Accounts payable | 4,676 | 4,365 | ||
Inventory | 9,850 | 10,118 | ||
Dividends | 1,136 | 1,231 |
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