At the End of April, the Blue Water Company Sent

Multiple Choice

At the end of April, the Blue Water Company sent out statements to customers for April charges totalling $100 000. During April, the company received $85 000 from customers for water bills incurred during March. Blue's employees earned $35 000 during April, but by month end only $30 000 had been paid. Determine the net cash flow from operations and net profit from operations for the month of April.
Net profit Net cash flow

A) $65 000 $85 000
B) $70 000 $55 000
C) $65 000 $55 000
D) $50 000 $70 000