Question
Given the following financial statements for ARGON Corporation, what is the company's cash flow from operations in 2020? Income Statement Balance Sheet Year Ended 12/31/20
Given the following financial statements for ARGON Corporation, what is the company's cash flow from operations in 2020?
| Income Statement |
| Balance Sheet | ||||
| Year Ended 12/31/20 |
|
| 12/31/2020 |
| 12/31/2019 | |
| Sales | $1412892 |
| Current Assets | $50317 |
| $45431 |
| Cost of Goods Sold | 768606 |
| Fixed Assets | 432568 |
| 383298 |
| Selling, General and Adm. Expenses | 194727 |
|
|
|
|
|
| Depreciation | 101907 |
| Current Liabilities | 34426 |
| 50330 |
| Interest Expense | 48642 |
| Long-term Debt | 330735 |
| 270272 |
| Taxes | 79189 |
| Common Stock + Paid-in Capital | 4976 |
| 4621 |
|
|
|
| Retained Earnings | 112748 |
| 103506 |
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
