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I need help with this question please. I dont remember how to do it. 20 Sayed Ramakrishnan, Inc. reported 2018 net income of $20 million
I need help with this question please. I dont remember how to do it.
20 Sayed Ramakrishnan, Inc. reported 2018 net income of $20 million and depreciation of $3,550,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars) 2018 2017 $ 25 $ 28 Current assets: Cash and marketable securities Accounts receivable Inventory Total 2018 2017 Current liabilities: Accrued wages and taxes $ 44 $ 37 Accounts payable 76 70 Notes payable 70 65 Total $199 . $172 100 170 94 148 $295 Calculate the 2018 net cash flow from operating activities for Ramakrishnan, Inc (Enter your answer in dollars not in millions.) Net cash value Step by Step Solution
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