Interpret the following information regarding Maness Corporations free cash flows and financing cash flows. Maness Corporation Free

Interpret the following information regarding Maness Corporation’s free cash flows and financing cash flows.

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Maness Corporation Free Cash Flows and Financing Cash Flows Free cash flows Operating income (EBIT) Depreciation expense Tax expense After-tax cash flows from operations Increase in net working capital: Increase in current assets ($899) Increase in accounts payable 175 Increase in net working capital Change in long-term assets: Decrease in fixed assets Free cash flows $ 954 60 (320) $ 694 ($ 724) 2,161 $ 3,579