Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019...
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Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019 $22,549 $19,128 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2,496 6,290 1,427 1,170 8,736 11,608 1,794 29,420 73,045 6,341 20,628 2,579 Cash flow from assets Cash flow to creditors Cash flow to stockholders 2,604 6,851 1,238 1,385 9,607 13,842 1,761 35,529 77,970 7,000 21,982 2,434 For 2019, 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 24 percent. 2018 2019 $22,549 $19,128 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2,496 6,290 1,427 1,170 8,736 11,608 1,794 29,420 73,045 6,341 20,628 2,579 Cash flow from assets Cash flow to creditors Cash flow to stockholders 2,604 6,851 1,238 1,385 9,607 13,842 1,761 35,529 77,970 7,000 21,982 2,434 For 2019, 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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Working Note Income statement Sales Other Expense Depreciat... View the full answer
Related Book For
Corporate Finance
ISBN: 978-0071339575
7th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro
Posted Date:
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