INTERMEDIATE FINANCIAL MGMT.(LOOSE)
INTERMEDIATE FINANCIAL MGMT.(LOOSE)
14th Edition
ISBN: 9780357516676
Author: Brigham
Publisher: CENGAGE L
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Chapter 6, Problem 5P

Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow? Assume it had no amortization expense.

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