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Problem 2-9 Statement of Cash Flows (LG2-4) Ramakrishnan, Incorporated, reported 2024 net income of $75 million and depreciation of $3,250,000. The top part of
Problem 2-9 Statement of Cash Flows (LG2-4) Ramakrishnan, Incorporated, reported 2024 net income of $75 million and depreciation of $3,250,000. The top part of Ramakrishnan, Incorporated's 2024 and 2023 balance sheets is reproduced below (in millions of dollars): 2024 2023 2024 2023 Current assets: Cash and marketable securities Accounts receivable $ 80 Inventory 90 231 Total $ 401 $ 23 89 138 $ 250 Current liabilities: Accrued wages and taxes Accounts payable Notes payable $ 40 90 $ 32 80 80 75 Total $ 210 $ 187 Calculate the 2024 net cash flow from operating activities for Ramakrishnan, Incorporated. Note: Enter your answer in dollars not in millions. Net cash flow _
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