Question

In: Finance

Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019...

Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent.
2018 2019
  Sales $ 26,549 $ 19,368
  Depreciation 2,576 2,684
  Cost of goods sold 6,690 6,931
  Other expenses 1,483 1,278
  Interest 1,210 1,425
  Cash 8,776 9,847
  Accounts receivable 11,688 14,082
  Short-term notes payable 1,874 1,841
  Long-term debt 29,660 35,729
  Net fixed assets 73,229 78,050
  Accounts payable 6,389 7,240
  Inventory 20,764 22,062
  Dividends 2,979 2,514

For 2019, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.

Solutions

Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019...
Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019 Sales $17,573 $16,536 Depreciation 1,781 1,856 Cost of Good Sold 4,579 4,827 Other Expenses 1,006 884 Interest 855 986 Cash 6,247 6,826 Account Receivable 8,160 9,787 Short-term notes payable 1,290 1,267 Long-term debt 20,680 24,936 Net Fixed assets 51,152 54,633 Accounts payable 4,576 5,004 Inventory 14,487 15,408 Dividends 1,550 1,738 Prepare a balance sheet for this company for 2018 and 2019. (Do not round...
Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent.    2018...
Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent.    2018 2019   Sales $ 21,573 $ 18,936   Depreciation 1,861 1,936   Cost of goods sold 4,979 4,907   Other expenses 1,046 924   Interest 895 1,026   Cash 6,367 7,066   Accounts receivable 8,240 10,027   Short-term notes payable 1,370 1,347   Long-term debt 20,920 25,136   Net fixed assets 51,328 54,873   Accounts payable 4,704 5,244   Inventory 14,623 15,488   Dividends 1,950 1,818    Prepare a balance sheet for this company for 2018 and...
Use the following information for Ingersoll, Inc., (assume the tax rate is 30 percent):    2013...
Use the following information for Ingersoll, Inc., (assume the tax rate is 30 percent):    2013 2014   Sales $ 12,073 $ 13,236   Depreciation 1,671 1,746   Cost of goods sold 4,029 4,717   Other expenses 951 829   Interest 800 931   Cash 6,082 6,496   Accounts receivable 8,050 9,457   Long-term debt 20,350 24,661   Net fixed assets 50,910 54,303   Accounts payable 5,580 5,831   Inventory 14,300 15,298   Dividends 1,000 1,628    Prepare a balance sheet for this company for 2013 and 2014. (Do not round intermediate...
Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent):      2014...
Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent):      2014 2015   Sales $ 9,535 $ 10,109   Depreciation 1,295 1,296   Cost of goods sold 2,866 3,230   Other expenses 809 704   Interest 695 773   Cash 4,279 5,373   Accounts receivable 5,609 6,297   Short-term notes payable 964 916   Long-term debt 15,330 17,750   Net fixed assets 36,155 37,317   Accounts payable 4,656 4,355   Inventory 9,840 10,108   Dividends 1,126 1,221     For 2015, calculate the cash flow from assets, cash flow...
Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent):      2014...
Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent):      2014 2015   Sales $ 8,535 $ 9,109   Depreciation 1,195 1,196   Cost of goods sold 2,766 3,130   Other expenses 709 604   Interest 595 673   Cash 4,179 5,273   Accounts receivable 5,509 6,197   Short-term notes payable 864 816   Long-term debt 14,230 16,750   Net fixed assets 35,155 36,117   Accounts payable 4,456 4,255   Inventory 9,740 10,008   Dividends 1,026 1,121     For 2015, calculate the cash flow from assets, cash flow...
Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent):      2014...
Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent):      2014 2015   Sales $ 8,035 $ 8,609   Depreciation 1,145 1,146   Cost of goods sold 2,716 3,080   Other expenses 659 554   Interest 545 623   Cash 4,129 5,223   Accounts receivable 5,459 6,147   Short-term notes payable 814 766   Long-term debt 13,680 16,250   Net fixed assets 34,655 35,517   Accounts payable 4,356 4,205   Inventory 9,690 9,958   Dividends 976 1,071     For 2015, calculate the cash flow from assets, cash flow...
Use the following information for Taco Swell, Inc., (assume the tax rate is 24 percent):   ...
Use the following information for Taco Swell, Inc., (assume the tax rate is 24 percent):    2017 2018   Sales $ 24,549 $ 19,248   Depreciation 2,536 2,644   Cost of goods sold 6,490 6,891   Other expenses 1,455 1,258   Interest 1,190 1,405   Cash 8,756 9,727   Accounts receivable 11,648 13,962   Short-term notes payable 1,834 1,801   Long-term debt 29,540 35,629   Net fixed assets 73,137 78,090   Accounts payable 6,365 7,120   Inventory 20,696 22,022   Dividends 2,779 2,474 For 2018, calculate the cash flow from assets, cash flow...
Use the following information for Taco Swell, Inc., (assume the tax rate is 23 percent):   ...
Use the following information for Taco Swell, Inc., (assume the tax rate is 23 percent):    2017 2018   Sales $ 17,073 $ 16,236   Depreciation 1,771 1,846   Cost of goods sold 4,529 4,817   Other expenses 1,001 879   Interest 850 981   Cash 6,232 6,796   Accounts receivable 8,150 9,757   Short-term notes payable 1,280 1,257   Long-term debt 20,650 24,911   Net fixed assets 51,130 54,603   Accounts payable 4,560 4,974   Inventory 14,470 15,398   Dividends 1,500 1,728    Prepare a balance sheet for this company for 2017...
Use the following information for Taco Swell, Inc., (assume the tax rate is 22 percent):   ...
Use the following information for Taco Swell, Inc., (assume the tax rate is 22 percent):    2017 2018   Sales $ 18,573 $ 17,136   Depreciation 1,801 1,876   Cost of goods sold 4,679 4,847   Other expenses 1,016 894   Interest 865 996   Cash 6,277 6,886   Accounts receivable 8,180 9,847   Short-term notes payable 1,310 1,287   Long-term debt 20,740 24,986   Net fixed assets 51,196 54,693   Accounts payable 4,608 5,064   Inventory 14,521 15,428   Dividends 1,650 1,758    Prepare a balance sheet for this company for 2017...
Use the following information for Taco Swell, Inc., (assume the tax rate is 34 percent):   ...
Use the following information for Taco Swell, Inc., (assume the tax rate is 34 percent):    2010 2011   Sales $ 11,573 $ 12,936   Depreciation 1,661 1,736   Cost of goods sold 3,979 4,707   Other expenses 946 824   Interest 776 926   Cash 6,067 6,466   Accounts receivable 8,034 9,427   Short-term notes payable 1,171 1,147   Long-term debt 20,320 24,636   Net fixed assets 50,888 54,273   Accounts payable 4,384 4,644   Inventory 14,283 15,288   Dividends 1,411 1,618    Prepare a balance sheet of this company for 2010...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT