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15 April, 02:16

Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?

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  1. 15 April, 03:57
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    Net cashflow = Net income + Depreciation

    Net cashflow = 3,100,000 + 500,000 = 3,600,000 dollars

    Explanation:

    Net cashflow equals net income plus depreciation.
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