Answered: JBS Inc. recently reported a net income…

JBS Inc. recently reported a net income of $4,750 and depreciation of $885. How much was its net cash flow, assuming it had no amortization expense and sold none of its fixed assets?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 5P: Kendall Corners Inc. recently reported net income of 3.1 million and depreciation of 500,000. What...

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Financial accounting question

JBS Inc. recently reported a net income of $4,750
and depreciation of $885. How much was its net
cash flow, assuming it had no amortization
expense and sold none of its fixed assets?

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