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Use the following information for Ingersoll, Inc., for problem assuming the tax rate is 35 percent.For 2010, calculate the cash flow from assets, cash flow

Use the following information for Ingersoll, Inc., for problem assuming the tax rate is 35 percent.For 2010, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.

2010

Sales

$28,030

Depreciation

3,755

Cost of goods sold

10,200

Other expenses

1,780

Interest

2,010

Cash

14,010

Accounts receivable

20,425

Short term notes payable

2,485

Long-term debt

53,510

Net fixed assets

117,590

Accounts payable

13,950

Inventory

33,125

Dividends

3,505

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