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...

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Use the following information for Ingersoll, Inc., (assume thetax 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 tocreditors, and cash flow to stockholders. (Do not roundintermediate calculations. A negative answer should be indicated bya 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 $

Answer & Explanation Solved by verified expert

3.8 Ratings (756 Votes)

CFA OCF Change in NWC Net capital spending Let us first calculate the OCF OCF EBIT Depreciation taxes sales 10109 cost of goods sold 3230 depreciation 1296 EBIT See Answer

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Transcribed Image Text

Use the following information for Ingersoll, Inc., (assume thetax rate is 40 percent): 20142015 Sales$9,535$10,109 Depreciation1,2951,296 Cost of goods sold2,8663,230 Other expenses809704 Interest695773 Cash4,2795,373 Accounts receivable5,6096,297 Short-term notes payable964916 Long-term debt15,33017,750 Net fixed assets36,15537,317 Accounts payable4,6564,355 Inventory9,84010,108 Dividends1,1261,221 For 2015, calculate the cash flow from assets, cash flow tocreditors, and cash flow to stockholders. (Do not roundintermediate calculations. A negative answer should be indicated bya minus sign. Round your answers to 2 decimal places, e.g.,32.16.) Cash flow from assets$ Cash flow to creditors$ Cash flow to stockholders$

	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


Cash flow from assets	$
Cash flow to creditors	$
Cash flow to stockholders	$