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Author Question: Given the following financial statements for ARGON Corporation, and assuming that ARGON paid a ... (Read 93 times)

a0266361136

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on: Jul 11, 2018
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?
 
  Income Statement Balance Sheet
  Year Ended 12/31/10 12/31/2010 12/31/2
  Sales 1,300,000 Current Assets 50,000 45
  Cost of Goods Sold 750,000 Gross Fixed Assets 880,000 650
  Operating Expenses 200,000 Less Accumulated Depreciation 450,000 350
  Depreciation Expense 100,000 Fixed Assets 430,000 350
  EBIT 250,000 Total Assets 480,000 395
  Interest Expense 50,000
  EBT 200,000 Current Liabilities 35,000 50
  Taxes 80,000 Long-term Debt 330,000 270
  Net Income 120,000 Common Stock 5,000 5
  Retained Earnings 110,000 70
  Total Liabilities & Equity 480,000 395
  A) -15,000 B) -65,000 C) -10,000 D) -70,000

Question 2

Which of the following statements about the ISO businessowners policy is true?
 
  A) The current form is written on a named-perils basis, but an open-perils (all risks) endorsement is available.
  B) It provides business income and extra expense coverage as an additional coverage.
  C) The policy covers business personal property but does not cover buildings.
  D) The policy is designed to meet the special needs of large businesses.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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princessflame2016

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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a0266361136

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

sultansheikh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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