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# Ramakrishnan, Inc. reported 2018 net income of \$55 million and depreciation of \$3,050,000. The top part...

## Question

###### Ramakrishnan, Inc. reported 2018 net income of \$55 million and depreciation of \$3,050,000. The top part...

Ramakrishnan, Inc. reported 2018 net income of \$55 million and depreciation of \$3,050,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars) \$ 60 \$ 19 \$ 34 28 Current assets Cash and marketable securities Accounts receivable Inventory Total Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 195 138 \$234 Calculate the 2018 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash value

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