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Nataly [62]
2 years ago
14

Kendall Corners Inc. recently reported net income of $3 million and depreciation of $510,000. 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.
Business
1 answer:
kogti [31]2 years ago
5 0

Answer:

$3,510,000

Explanation:

Net cash flows = net income + Depreciation expense

= $3,000,000 + $510,000 = $3,510,000

I hope my answer helps you

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