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this is finance not economics Ramakrishnan, Inc., reported 2021 net income of $30 million and depreciation of $2,800,000. The top part of Ramakrishnan, Inc.'s, 2021
this is finance not economics
Ramakrishnan, Inc., reported 2021 net income of $30 million and depreciation of $2,800,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): 2021 2020 2021 2020 $ 14 Current assets Cash and marketable securities Accounts receivable Inventory Total $ 35 85 152 $272 B0 120 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 28 80 75 $183 $ 23 75 70 $168 $214 Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash value Step by Step Solution
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