Calculate the cash flow from assets

Assignment Help Financial Accounting
Reference no: EM132492539

Use the following information for Ingersoll, Inc., (assume the tax rate is 30 percent):

                                                 2016                         2017

Sales                                  $12,573               $13,536

Depreciation                            1,681                 1,756

Cost of goods sold                        4,079                   4,727

Other expenses                               956                      834

Interest                                           805                       936

Cash                                               6,097                     6,526

Accounts receivable                             8,060                       9,487

Long-term debt                                   20,380                         24,686

Net fixed assets                                     50,932                           55,630

Accounts payable                                   5,606                              5,871

Inventory                                                 14,317                            15,308

Dividends                                               1,050                              1,638

Question 1: For 2017, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.)

Reference no: EM132492539

Questions Cloud

What is incremental cash flows related to working capital : 0.05, 0.10, and 0.04, respectively in the same industry. What is the incremental cash flows related to working capital when the store is opened?
Level of imports in the home country : What will happen to the level of imports in the home country as a result of the tariff on imports in the home country.
Determine and calculate basic and diluted earnings per share : Determine and Calculate basic and diluted earnings per share for 2017. prepare the entries required to record the transactions.
Introduction of an emission-trading scheme : Climate change is a global issue. Use demand and supply graph(s) to illustrate and explain how the introduction of an emission-trading scheme can reduce polluti
Calculate the cash flow from assets : For 2017, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (Do not round intermediate calculations)
Arbitrage opportunity based on quotes : Consider the following exchange rate quotes: Swiss franc per U.S. dollar = 1.5971, Australian dollar per U.S. dollar = 1.8215, and Australian dollar per Swiss
Substantial number of subscribers after price increase : Apple found out that they won't lose much in sales even if they increased the price of their iPhones, but Netlix had a very different experience a few years bac
What is the best response strategy for b : Suppose 2 competitors (A and B) each own a Del's Lemonade cart and must simultaneously decide where to set up their carts on the sidewalk along a beach
What is j corp wacc : What is J Corp.'s WACC? Now that Anna has determined an appropriate rate of return for J Corp.'s stock she must calculate the firm's WACC

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd