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Ramakrishnan, Inc., reported 2015 net income of $55 million and depreciation of $3,050,000. The top part of Ramakrishnan, Inc.s 2015 and 2014 balance sheets is
Ramakrishnan, Inc., reported 2015 net income of $55 million and depreciation of $3,050,000. The top part of Ramakrishnan, Inc.s 2015 and 2014 balance sheets is reproduced below (in millions of dollars).
2015201420152014Current assets:Current liabilities:Cash and marketable securities$60$19Accrued wages and taxes$34$28Accounts receivable8985Accounts payable6760Inventory195130Notes payable6055Total$344$234Total$161$143
Calculate the 2015 net cash flow from operating activities for Ramakrishnan, Inc.
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