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Golf Company 2021 Net income $ 656 Depreciation and amortization 125 Change in working capital (400) Cash flow from operations 381 Purchases of Property, plant
Golf Company 2021 Net income $ 656 Depreciation and amortization 125 Change in working capital (400) Cash flow from operations 381 Purchases of Property, plant and equipment (800) Sale of assets 85 Cash flow from investing (715) Borrowing of debt 250 Dividends paid to shareholders (150) Repurchases of common stock (300) Cash flow from financing (200) Net change in cash (534) Cash, beginning of year 2,611 Cash, end of year $ 2,077 Given the cash flow information from Golf Company, did the company generate positive cash flow from operations in 2021? Group of answer choices Yes, operating cash flow was positive. No, operating cash flow was negative. The company had neither positive nor negative operating cash flow. We cannot tell from the information given
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