Ramakrishnan Inc. reported 2024 net income of $15 million and depreciation of $2,650,000. The top part of

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Ramakrishnan Inc. reported 2024 net income of $15 million and depreciation of $2,650,000. The top part of Ramakrishnan, Inc.’s 2024 and 2023 balance sheets is listed below (in millions of dollars).

Calculate the 2024 net cash flow from operating activities for Ramakrishnan, Inc.

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Finance Applications And Theory

ISBN: 9781264101580

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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Question Posted: Jan 04, 2023 03:40 AM

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Ramakrishnan Inc. reported 2024 net income of $15 million and depreciation of $2,650,000. The top part of

Question:

Current assets: Cash and marketable securities Accounts receivable Inventory Total 2024 2023 $ 20 84 121 $225 $ 15 75 110 $200 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 2024 2023 $ 19 51 45 $115 $18 45 40 $103

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Finance Applications And Theory

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