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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 | |||
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