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What is hysings operating cash flow

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Reference no: EM131731624

Question - Hysing, Corp. had the following information available for 2016: Please show calculations

Net income

$2,000

Depreciation expense

800

Cash used purchasing equipment during 2016

1,500

Accounts receivable at 12/31/15

750

Accounts receivable at 12/31/16

850

Accounts payable at 12/31/15

900

Accounts payable at 12/31/16

975

Cash received from issuing stock during 2016

3,000

Cash used repaying money borrowed from bank during 2016

650

Hysing had no current assets or current liabilities other than those listed above and no other non-cash expenses. What is Hysing's operating cash flow for 2016?

a. $2,975

b. $2,775

c. $1,275

d. $2,325

e. None of the above.

Reference no: EM131731624

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