12. 10.00 points Use the following information for Ingersoll, Inc., (assume the

Question

12. 10.00 points Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent): 2011 2012 Depreciation llllllllllllllllllll 8,435 9,009 1,185 1,186 Cost of goods sold 2,756 3,120 Other expenses 699 Interest 585 663 Cash 4.169 5,263 Accounts receivable 5,499 6.187 Short-term notes payable 854 806 Long-term debt 14,120 16,650 Net fixed assets 35,055 35,997 4,436 4,245 Accounts payable Inventory 9,730 9,998 Dividends 1,016 1,111 For 2012, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16) Cash flow from assets Cash flow to creditors Cash flow to stockholders References eBook & Resources

Explanation / Answer

1. Cash flow from assets = 9009-3120-594-(6187-5499)+(4245-4436)-(9998-9730)-(806-854)-(35997-35055) = 3254

Cash flow to creditors = 663-(16650-14120) = -1867

Cash flow to stakeholders = 3254-(-1867) = 1387

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