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Ramakrishnan, Inc., reported 2015 net income of $20 million and depreciation of $3,550,000. The top part of Ramakrishnan, Inc.'S 2015 and 2014 balance sheets is
Ramakrishnan, Inc., reported 2015 net income of $20 million and depreciation of $3,550,000. The top part of Ramakrishnan, Inc.'S 2015 and 2014 balance sheets is reproduced below (in millions of dollars). 2015 2014 2015 2014 Current assets: Current liabilities: Cash and marketable securities $ 25 $ 28 Accrued wages and taxes $ 44 $ 37 Accounts receivable 100 94 Accounts payable 76 70 Inventory 170 148 Notes payable 65 Total $295 $270 Total $190 $172 Calculate the 2015 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash flow ||
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