Given the following financial statements for ARGON Corporation, and assuming tha

Question

Given the following financial statements for ARGON Corporation, and assuming that ARGON paid a common dividend of $80,000 in 2010, what is the company's financing cash flow for 2010?

Please show all work, and full explanation of Part A and B. Thank you!

14) Given the following financial statements for ARGON Corporation, what is the company's after-tax cash flow from operations? Income Statemnent Balance Sheet 12/31/201d 12/31/2009 12/31/201 S50,0 12/31/2 $45 Year Ended 12/31/10 ales ost of Goods Sold $1,300,00 50,000 Current Asset ixed Assets 30,000 350,000 200,00 100,00 250,00 50,00 200,00 Total As $480,0 $395,0 erating Ex reciation $35,0 330,0 5,0 Current Liabiliti S50 270 BIT Long-term Debt Common St nterest Expense EBT axes 0,000 Retained Earnings 110,000 70,000 et Income $120,00 Total Liabilities&Equit; $480,0 S395,0 A) S10,000 B) $270,000 C) S120,000 D) $295,000 Answer: B ) Given the following financial statements for ARGON Corporation, and assuming that ARGON paid a common dividend of $80,000 in 2010, what is the company's financing cash flow for 2010?

Explanation / Answer

Argon Corporation Details Amt $ Cash flow from Financing Activities Cash inflow from Long term debts                  60,000 Cash outflow from dividend payment               (80,000) Net Cash flow from Financing Activities $     (20,000.00)

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