Ramakrishnan Inc.reported 2013 net income of $20 million and depreciation of $1,500,000.The top part of Ramakrishnan,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
Calculate the 2013 net cash flow from operating activities for Ramakrishnan,Inc.

A)$12,500,000
B)$10,500,000
C)$8,500,000
D)$7,100,000

Question

Ramakrishnan Inc.reported 2013 net income of $20 million and depreciation of $1,500,000.The top part of Ramakrishnan,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
Calculate the 2013 net cash flow from operating activities for Ramakrishnan,Inc.

A)$12,500,000 
B)$10,500,000 
C)$8,500,000 
D)$7,100,000

Quizplus · Accepted Answer

The Answer of Ramakrishnan Inc.reported 2013 net income of $20 million and depreciation of $1,500,000.The top part of Ramakrishnan,Inc.'s 2012 and 2013 balance sheets is listed as follows (in millions of dollars).
Calculate the 2013 net cash flow from operating activities for Ramakrishnan,Inc.

A)$12,500,000 
B)$10,500,000 
C)$8,500,000 
D)$7,100,000