Ramakrishnan, Incorporated, reported 2024 net income of $20 million and depreciation of $3,550,000. The top part of Ramakrishnan, Incorporated's 2024 and 2023 balance sheets is reproduced below (in millions of dollars): Current assets: Cash and marketable securities Accounts receivable Inventory Total 2024 $ 25 100 170 $ 295 2023 Answer is complete but not entirely correct. Net cash flow $ 10,531,000 x $ 28 94 148 $ 270 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Calculate the 2024 net cash flow from operating activities for Ramakrishnan, Incorporated. Note: Enter your answer in dollars not in millions. 2024 $ 44 76 70 $ 190 2023 $ 37 70 65 $ 172

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Operating Cash Flows

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the company.