Use the following information for Ingersoll, Inc., (assume the tax rate is 25 percent): Sales Depreciation...
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Use the following information for Ingersoll, Inc., (assume the tax rate is 25 percent): Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2019 $13,573 Cash flow from assets Cash flow to creditors Cash flow to stockholders 1,701 4,179 966 815 6,127 8,080 2020 $ 16,841 1,776 4,747 844 946 6,586 9,547 20,440 24,736 50,976 54,393 5,951 15,328 1,658 5,658 14,351 1,150 For 2020, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Use the following information for Ingersoll, Inc., (assume the tax rate is 25 percent): Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2019 $13,573 Cash flow from assets Cash flow to creditors Cash flow to stockholders 1,701 4,179 966 815 6,127 8,080 2020 $ 16,841 1,776 4,747 844 946 6,586 9,547 20,440 24,736 50,976 54,393 5,951 15,328 1,658 5,658 14,351 1,150 For 2020, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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The detailed answer for the above question is provided below Cash Flow from Assets The cash flow fro... View the full answer
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
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