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Use the following information for Ingersoll, Inc. The tax rate is 34%. Sales 2018 $5,606 Depreciation 751 Cost of goods sold 2,040 Other expenses 356
Use the following information for Ingersoll, Inc. The tax rate is 34%. Sales 2018 $5,606 Depreciation 751 Cost of goods sold 2,040 Other expenses 356 Interest 402 Cash, Beginning of Year 2,739 Cash, End of Year 2,802 Accounts Receivable 4,085 Short-term notes payable 497 Long-term debt 10,702 Investor Equity 22394.36 Net fixed assets 23,528 Accounts Payable 2,790 Inventory 6,625 Cash from Investing Activities 1344.62 Dividends 701 a) Prepare the income statement, balance sheet, and cash flow statement for Ingersoll, Inc. for 2018. b) Construct a Du Pont diagram for 2018. What are the values for the return on assets and return on equity
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