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SharePoint HW 1 FINANCIAL STATEMENTdocx use the following information for Ingers

ID: 2744854 • Letter: S

Question

SharePoint HW 1 FINANCIAL STATEMENTdocx use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent): 2011 2012 Sales 8,435 9,009 Depreciation 1,185 1,186 Cost of goods sold 2,756 3,120 Other expenses 699 594 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 Accounts payable 4,436 4,245 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

Working:

Amount ($) Cash flow from assets       8,321.00 Cash flow to creditors       3,579.00 cash flow to stockholders       1,111.00
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