Net Cash Flow Kendall Corners Inc. recently reported net income of $3.2 million and depreciation of...
Net Cash Flow
Kendall Corners Inc. recently reported net income of $3.2 million and depreciation of $512,000. 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 means total cash recovered during the year.
Please note that Depreciation is a not cash expense so it must be added back to Net Income to find out the net cash flow during the year.
Net Cash Flow = Net Income + Depreciation
= $ 3,200,000 + $ 512,000
Net Cash Flow = $ 3,712,000
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Net Cash Flow
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