Suppose Nippon Technology has the following results related to cash flows for 2022: Net Income of $6,200,000
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Question:
Suppose Nippon Technology has the following results related to cash flows for 2022:
Net Income of $6,200,000
Increase in Accounts Payable of $300,000
Decrease in Accounts Receivable of $700,000
Depreciation of $1,400,000
Increase in Inventory of $500,000
Other Adjustments from Operating Activities of $400,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow from Operating Activities?
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