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The cash flow statement for Hen Lee Oriental Foods Ltd for 2022 is as follows: 12 months ending 31/12/2022 ($ millions) Net profit $ 4000
The cash flow statement for Hen Lee Oriental Foods Ltd for 2022 is as follows: 12 months ending 31/12/2022 ($ millions) Net profit $ 4000 Depreciation expense 1000 Changes in working capital 600 Cash from operating expenses $ 5600 Capital expenditure $ (3600) Cash from investing activities $ (3600) Total cash dividends paid 0 Issuance (retirement) of shares 424 Issuance (retirement) of debt 24 Cash from financing activities $ 424 Assuming that the beginning cash balance for 2022 is $2000, Hen Lee Oriental Foods Ltd's Ending Cash Balance for 2022 is: A. $2,424 B. $3,576 C. $4,000 D. $11,624 E. $4,424
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