Ramakrishnan, Incorporated, reported 2024 net income of $50 million and depreciation of $3,000,000. 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 Net cash flow S 2024 $ 55 89 186 $ 330 Calculate the 2024 net cash flow from operating activities for Ramakrishnan, Incorporated. Note: Enter your answer in dollars not in millions. 5 2023 $ 18 84 128 $ 230 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 2024 $36 101 95 $ 232 2023 $ 27 95 90 $ 212

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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.