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Given the following financial statements for ARGON Corporation, what is the companys aftertax cash flow from operations? Income statement Balance Sheet 12/31/10 12/31/10 12/31/09 Sales

Given the following financial statements for ARGON Corporation, what is the companys aftertax cash flow from operations?

Income statement Balance Sheet
12/31/10 12/31/10 12/31/09

Sales

1,300,000

Current assets

50,000 45,000
COGS 750,000 Fixed assets 430,000 350,000

Operating expense

200,000 Total assets 480,000 395,000
Depreciation 100,000
EBIT 250,000 Current liabilities 35,000 50,000
Interest expense 50,000 Long-term debt 330,000 270,000
EBT 200,000

common stock

5,000 5,000

Taxes

80,000 Retained Earnings 110,000 70,000

Net income

120,000 Total liabilities & Equity 480,000 395,000

Group of answer choices

270,000

10,000

120,000

295,000

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