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Homework i Saved Help Save & Exit Submit Check my work Chris's Outdoor Furniture, Inc. has net cash flows from operating activities for the last
Homework i Saved Help Save & Exit Submit Check my work Chris's Outdoor Furniture, Inc. has net cash flows from operating activities for the last year of $370 million. The income statement shows that net income is $345 million and depreciation expense is $47 million. During the year, the change in inventory on the balance sheet was $37 million, change in accrued wages and taxes was $17 million, and change in accounts payable was $28 million. At the beginning of the year, the balance of accounts receivable was $47 million. Calculate the end-of-year balance for accounts receivable. (Enter your answer in millions of dollars.) Accounts receivable $ (107) million
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