XYZ Corporation is analyzing its Cash Flow Statement for the year ended December 31, 2023. They also want to calculate and analyze some key financial ratios based on the information provided in the Cash Flow Statement. Given the following data:

• Net Income: $100,000
• Depreciation Expense: $20,000
• Increase in Accounts Receivable: $10,000
• Increase in Inventory: $15,000
• Decrease in Accounts Payable: $5,000
• Purchase of Equipment: $30,000
• Sale of Land: $50,000
• Payment of Dividends: $15,000 a) Prepare the Cash Flow Statement for XYZ Corporation. b) Calculate the following financial ratios:
  • Current Ratio
  • Debt-to-Equity Ratio
  • Operating Cash Flow Ratio
  • Free Cash Flow