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Problem 2-11 Statement of Cash Flows (LG2-4) Ramakrishnan, Inc., reported 2021 net income of $20 million and depreciation of $2,700,000. The top part of Ramakrishnan,
Problem 2-11 Statement of Cash Flows (LG2-4) Ramakrishnan, Inc., reported 2021 net income of $20 million and depreciation of $2,700,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): 2021 2020 2021 2020 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 25 85 139 $249 $ 12 78 116 $206 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 24 73 65 $162 $ 21 65 60 $146 Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash value Problem 2-11 Statement of Cash Flows (LG2-4) Ramakrishnan, Inc., reported 2021 net income of $20 million and depreciation of $2,700,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): 2021 2020 2021 2020 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 25 85 139 $249 $ 12 78 116 $206 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 24 73 65 $162 $ 21 65 60 $146 Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash value
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