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Ramakrishnan, Inc., reported 2021 net income of $50 million and depreciation of $3,000,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is
Ramakrishnan, Inc., reported 2021 net income of $50 million and depreciation of $3,000,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): 2021 2020 2021 2020 $ 55 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 36 101 89 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 18 84 128 $ 230 $ 27 95 90 $212 186 95 $ 330 $232 Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Answer is complete but not entirely correct. Net cash value 6 x
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