Kendall Corners Inc. recently reported net income of $4.2 million and depreciation of $840,000. What was...
Kendall Corners Inc. recently reported net income of $4.2 million and depreciation of $840,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Homework Answers
net cash flow=Net income+Depreciation
=(4,200,000+840,000)
which is equal to
=$5,040,000
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Kendall Corners Inc. recently reported net income of $4.2
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