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Farris Farms Ltd (a large farm in Manitoba) shows the following information on its current financial statements: o Sales $1,335,000 o Costs $1,035,000 o Depreciation
Farris Farms Ltd (a large farm in Manitoba) shows the following information on its current financial statements: o Sales $1,335,000 o Costs $1,035,000 o Depreciation expense $ 30,000 o Interest expense $ 10,000 o Taxes $ 85,000 o Increase in Net Fixed Assets $ 50,000 o Increase in Net Working Cap. $ 50,000 o Dividends $ 145,000 o New shares sold $ 50,000 Long term debt redeemed $ 40,000 What is the operating cash flow for the year? O$330.000 $195,000 OS345,000 CS245.000 $145.000 What is the net cash flow to the creditors? 5145.000 0$25,000 $45.000 O$95.000 $50,000 What is the net cash flow to the shareholders? -530.000 $100.000 $10,000 05145 000 OS95,000
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