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Calculate the net cash flow from operating activities

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Question - Ramakrishnan, Inc., reported 2015 net income of $30 million and depreciation of $2,800,000. The top part of Ramakrishnan, Inc.'s 2015 and 2014 balance sheets is reproduced below (in millions of dollars).

2015 2014

Current assets:

Current liabilities:

Cash and marketable securities $35 $14

Accrued wages and taxes$28 $23

Accounts receivable 85 80

Accounts payable 80 75

Inventory 152 120

Notes payable 75 70

Total$272 $214

Total$183 $168

Calculate the 2015 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.)

Reference no: EM131879770

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