The cash received for interest during 2020 was

Use the following information for Ingersoll, Inc. Assume the tax rate is 21 percent. 2019 $18,798 2,494 6,741 1,183 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2018 $17,049 2,386 5,740 1,350 Cash flow from assets Cash flow to creditors Cash flow to stockholders 1,115 1,330 8,681 9,277 11,498 13,512 1,684 1,651 29,090 35,254 72,792 77,640 6,275 6,670 20,441 21,872 2,029 2,324 For 2019, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

This Information will be used for all questions: Selected Balance Sheet Information    Year 2020     Year 2021 Cash             40,000  ?  Accounts Receivable             10,000             14,000 Prepaid Rent               5,000               6,000 Inventory             35,000             30,000 Accounts Payable               3,000               2,000 Unearned Revenue               5,000               7,000 Income Taxes Payable             14,000             12,000       Other Relevant Information for 2021     Beginning Cash Balance             40,000   Net Income             65,000   Depreciation Expense             40,000   Cash Paid for Dividends             10,000   Cash Received for Loan             40,000   Cash Repaying Loan             10,000   Cash Payment to Purchase Land             12,000   Cash Received for Sale of Equipment             15,000   Gain on Sale of Equipment               5,000   Cash Received for Issuance of Stock…

This Information will be used for all questions: Selected Balance Sheet Information     Year 2020   Year 2021 Cash             40,000  ?  Accounts Receivable             10,000             14,000 Prepaid Rent               5,000               6,000 Inventory             35,000             30,000 Accounts Payable               3,000               2,000 Unearned Revenue               5,000               7,000 Income Taxes Payable             14,000             12,000       Other Relevant Information for 2021     Beginning Cash Balance             40,000   Net Income             65,000   Depreciation Expense             40,000   Cash Paid for Dividends             10,000   Cash Received for Loan             40,000   Cash Repaying Loan             10,000   Cash Payment to Purchase Land             12,000   Cash Received for Sale of Equipment             15,000   Gain on Sale of Equipment               5,000   Cash Received for Issuance of Stock…

Holden Company reports Interest Expense of $325,000 on its 2020 Income Statement. Holden's Balance Sheet shows Interest Payable of $30,000 as of 12/31/20 and $50,000 as of 12/31/19. How much Cash did Holden pay for interest in 2020? $405,000 $305,000 $325,000 $345,000

Assume the company generated $3,400 in net operating profits after taxes. Using the information below, calculate the free cash flow for 2020. Balance Sheet as of December 31 (Millions of Dollars) 2020 2019 2020 2019 Assets Liabilities and Equity $900 Accounts payable Cash $1,026 $1,634 $1,436 Short-term Investments 90 100 Accruals 550 500 Accounts Receivable 1,968 1,726 Notes 645 575 payable Inventories 4,971 4,367 Total Current 2,829 2,511 Liabilities Total Current 8,055 7,093 Assets Long-term 2,173 2,815 debt Net plant and equipment १.943 8,733 Total Liabilities 5,002 5,326 Common Total Assets $17,998 $15.826 2.400 2,500 stock Retained earnings 10,595 8,000 Total common 12.995 10,500 equity Total liabilitics and $17.998 $15,826 cquity O $1.423 $1.739 O $1.467 O $1,534

This Information will be used for all questions: Selected Balance Sheet Information  Year 2020  Year 2021 Cash             40,000  ?  Accounts Receivable             10,000             14,000 Prepaid Rent               5,000               6,000 Inventory             35,000             30,000 Accounts Payable               3,000               2,000 Unearned Revenue               5,000               7,000 Income Taxes Payable             14,000             12,000       Other Relevant Information for 2021     Beginning Cash Balance             40,000   Net Income             65,000   Depreciation Expense             40,000   Cash Paid for Dividends             10,000   Cash Received for Loan             40,000   Cash Repaying Loan             10,000   Cash Payment to Purchase Land             12,000   Cash Received for Sale of Equipment             15,000   Gain on Sale of Equipment               5,000   Cash Received for Issuance of Stock…

The financial statements of Simon Co. include the following items (amounts in thousands): For the Year Ended December 31, 2020 $840 Income Statement Net income Depreciation and amortization expense 640 At December 31 Balance Sheets 2020 2019 Accounts receivable $250 $340 340 300 Inventory Accounts payable Income taxes payable 160 180 100 30 Required: a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020. (Enter your answer in thousands. (i.e., 20,000 should be entered as 20)) Net cash provided (used) by operating activities b. Net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement. O True O False

Bannister Company reported operating expenses of $375,000 for 2020. The following data were extracted from the company's financial records: 12/31/19 12/31/20 $ 60,000 $ 69,000 Prepaid Expenses Accrued Expenses 210,000 255,000 On a statement of cash flows for 2020, using the direct method, cash payments for operating expenses should be O a. $339,000 O b. $321,000 O C. $411,000 O d. $429,000

Flounder Associates Inc. reports the following account balances for the year ending June 30, 2025: Accounts payable Accounts receivable Cash and cash equivalents Goodwill Inventory Notes payable (due 2028) Interest payable Notes payable (due Jan. 2026) Property, plant, and equipment Accumulated depreciation Prepaid insurance Salaries and wages payable Bonds payable $24,000 36,000 17,800 130,000 82,000 104,000 4,900 12,000 540,000 107,000 10,810 13,400 300,000 Compute the company's (a) current ratio and (b) debt to assets ratio. (Round current ratio to 2 decimal places, e.g. 1.55:1 and debt to assets ratio to O decimal place, e.g. 55%.)