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Ramakrishnan, Inc., reported 2015 net income of $30 million and depreciation of $2,800,000. The top part of Ramakrishnan, Inc.s 2015 and 2014 balance sheets is

Ramakrishnan, Inc., reported 2015 net income of $30 million and depreciation of $2,800,000. 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 $ 35 $ 14 Accrued wages and taxes $ 28 $ 23 Accounts receivable 85 80 Accounts payable 80 75 Inventory 152 120 Notes payable 75 70 Total $ 272 $ 214 Total $ 183 $ 168

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