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OMG Petro Ltd produces and markets crude oil. The following are selected numbers from the financial statements for 1992 and 1993 (in millions). UIIIOn The
OMG Petro Ltd produces and markets crude oil. The following are selected numbers from the financial statements for 1992 and 1993 (in millions). UIIIOn The firm had capital expenditures of Rs950 million in 1992 and Rs1 billion in 1993. The working capital in shares outstanding, trading at Rs21 per share. Estimate the cash flows to equity in 1992 and 1993 (in Rs Millions) A. 133 and (300) B. 725 and 285 C. 350 and 185 D. 202 and 301 Answer: A
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