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Problem 2-9 Statement of Cash Flows (LG2-4) Ramakrishnan, Incorporated, reported 2024 net income of $10 million and depreciation of $2,600,000. The top part of
Problem 2-9 Statement of Cash Flows (LG2-4) Ramakrishnan, Incorporated, reported 2024 net income of $10 million and depreciation of $2,600,000. 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: Current liabilities: Cash and marketable securities Accounts receivable $ 15 $ 10 85 76 Inventory 122 112 Accrued wages and taxes Accounts payable Notes payable $21 $19 61 55 35 30 Total $222 $198 Total $117 $104 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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