Engineering Wonders reports net income of $600 million Included in that number is building depreciation expense of $5.0 million and a gain on the sale of land of $10 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.0 milion, $30 million, and $4.0 million, respectively What are Engineering Wonders' net cash flows from operating activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (l.e., $10,100,000 should be entered as 10.1).) ENGINEERING WONDERS Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcle net income to net cash flows from operating activites Net cash flows ftrom operating activites
Engineering Wonders reports net income of $600 million Included in that number is building depreciation expense of $5.0 million and a gain on the sale of land of $10 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.0 milion, $30 million, and $4.0 million, respectively What are Engineering Wonders' net cash flows from operating activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (l.e., $10,100,000 should be entered as 10.1).) ENGINEERING WONDERS Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcle net income to net cash flows from operating activites Net cash flows ftrom operating activites
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Engineering Wonders reports net income of $60.0 million Included in that number is building depreciation expense of $5.0 million and
a gain on the sale of land of $1.0 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.0
million, $3.0 millon, and $4.0 million, respectively
What are Engineering Wonders' net cash flows from operating activities? (List cash outfiows and any decrease in cash as negative
amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).)
ENGINEERING WONDERS
Statement of Cash Flows (partial)
Cash flows from operating activities
Adjustments to reconcile net income to net cash flows from operating activities
Net cash flows from operating activities
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