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Use the following information for Ingersoll, Incorporated. Assume the tax rate is 22 percent. 2020 2021 Sales Depreciation Cost of goods sold Other expenses
Use the following information for Ingersoll, Incorporated. Assume the tax rate is 22 percent. 2020 2021 Sales Depreciation Cost of goods sold Other expenses $ 14,573 $14,736 1,721 1,796 4,279 4,767 976 854 Interest Cash 825 956 6,157 6,646 Accounts receivable 8,100 9,607 Short-term notes payable 1,230 1,207 Long-term debt 20,500 24,786 Net fixed assets 51,020 54,453 Accounts payable Inventory Dividends 4,480 4,824 14,385 15,348 1,250 1,678
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